Elon Musk’s SpaceX transferred over $94M in Bitcoin to a new wallet

Key points

  • On December 10, SpaceX moved 1,021 BTC to a new wallet.
  • Musk's company also made a small transfer in BTC from Coinbase Prime.
Rada Mateescu

On December 10, SpaceX moved Bitcoin to a new wallet, according to the latest onchain reports. Previously, SpaceX had made two BTC transfers five days ago.

SpaceX is an American aerospace manufacturer and space transport services company founded by Elon Musk.

SpaceX’s BTC Moves on December 10

Lookonchain reported earlier that the space company had moved over $94 million in Bitcoin to a wallet possibly belonging to Coinbase Prime for custody.

Arkham Intelligence shows that approximately one hour ago, SpaceX’s wallet 15atF transferred 1,021 BTC worth $94,48 million at the time of the transfer to a new wallet beginning with bc1q903.

SpaceX recent BTC transfers - Arkham data
SpaceX recent BTC transfers – Arkham data

Onchain data shows that the wallet currently holds 614 BTC worth $56,89 million.

Following this transfer, SpaceX moved a small amount of BTC worth over $126 from Coinbase Prime to the same wallet 15atF.

Before these two transfers, SpaceX had made two BTC moves five days ago. The first transfer was a small amount of BTC worth over $180 from Coinbase Prime to another one of its wallets (144ZP), followed by a move of over $99,8 million in BTC from that wallet to another new wallet starting with bc1qyh, which currently holds 800 BTC worth over $74 million.

SpaceX has been making similar moves between wallets and Coinbase Prime in the past months as well.

As of December 10, SpaceX holds 3,991 BTC worth over $370 million, Arkham data shows. The company’s BTC holdings in its wallets declined in 2025 from 8,300 BTC.

SpaceX BTC holdings - Arkham data
SpaceX BTC holdings – Arkham data

BTC Recent Price Trajectory

At the moment of writing this article, BTC is trading above $92,000, up by over 2% in the past 24 hours. On December 9, BTC reached prices above $94,000 in a bullish market, before settling at current levels.

BTC price in USD today
BTC price in USD today

BTC price is supported by increasing institutional interest, rising crypto adoption, and the prospect of a potential new interest rate cut in the US, among other factors.

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Romanian journalist turned Bitcoin advocate since 2017, promoting financial freedom and principled innovation - learn, adapt, build, defend truth. Embracing the future without compromising human values. Featured in Bloomberg, backed by Bitcoin ecosystem leaders, building on crypto.ro.