Well, isn’t this a charming little circus. SpaceX, the aerospace darling of Silicon Valley, just waltzed another 1,021 Bitcoin out of its wallet like a kid sneaking snacks from the pantry. This time, it’s valued at about $94.48 million-because who doesn’t casually transfer nearly a hundred million dollars like it’s loose change? Lookonchain suggests Coinbase Prime is now holding the digital loot, perhaps a new storage unit for Elon’s Tesla memes collection.
SpaceX’s crypto wallet is now worth approximately $368.8 million, assuming Elon hasn’t decided to turn the Bitcoin into edible glitter. Last month, they moved over 1,100 BTC-an amount that makes you wonder if Elon has a secret stash hidden behind his desk. The pattern hints at some institutional custody shuffle, probably Elon’s way of saying, “Hey, bankers, look what I’m doing with your money.”
“SpaceX just transferred out another 1,021 BTC ($94.48M), to possibly Coinbase Prime for custody,” tweeted Lookonchain, because everyone loves a good crypto transaction scoop. And not a single person asked for it-but here we are.
This banking ballet is like a high-stakes game of digital musical chairs. On November 26, the transfer frenzy continued with 1,163 BTC – split into two cryptic addresses, like Elon’s secret recipe for making rocket fuel and moon landing dreams.
Musk Voice: “I Regret Leading the DOGE Initiative-Honestly, I Wish I Had a Bitcoin Instead”
In a candid podcast with Katie Miller, Musk spilled that his glorious days as the head of the DOGE department-also known as the Department of Government Efficiency-were less than glorious. Turns out, trying to harness the power of a meme coin was like chasing a unicorn while riding a unicycle. Backlash? Oh, plenty. Public protests, vandalism, the usual crowd lining up for Musk’s digital head on pike.
He admits he’d rather moonlight on Tesla and SpaceX than revisit that chaos, though he was knee-deep in Trump’s second term shenanigans. Because nothing says “fun” like mixing politics, cryptocurrencies, and billionaire ego in one big blender.
Meanwhile, investors are calling his distraction “not adorable” as Tesla sales slow down faster than a Tesla on Ludicrous Mode. DOGE was disbanded eight months before its grand “mission” supposedly ended, saving dozens of billions that are as verifiable as a unicorn in the backyard.
SpaceX’s IPO Dreams: The Final Frontier of Money-Making
Apparently, Elon is now dreaming bigger than space itself-aiming for a giant IPO that could raise over $30 billion. That’s right, SpaceX wants to be the biggest thing since sliced Mars bars. The valuation? Around $1.5 trillion-think Saudi Aramco but with more rocket fumes.
Most of this future fortune is expected to come from Starlink, which might make between $22 billion and $24 billion in 2026 alone. Expect to see satellites buzzing overhead while Elon plans to turn space-based data centers into the next big thing-because who doesn’t want Wi-Fi on Mars?
And if SpaceX sells just 5% of its pie, it will outsize all previous IPOs combined. The universe is apparently waiting for its billionaire overlord to cash in, one rocket at a time.
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2025-12-10 20:17