According to Decrypt, Elon Musk indicated that both the Tesla and SpaceX corporate boards have established separate committees to evaluate a potential merger between the companies. The review would assess combining the two firms’ existing Bitcoin holdings onto one balance sheet. Tesla holds 11,509 bitcoins and SpaceX holds 18,712 bitcoins under current arrangements. Together, these amounts are roughly equivalent to $2.5 billion in value. No decision has been made; only preliminary board-level consideration via committees is underway.
