Musk’s SpaceX holds $603 million in bitcoin despite $5 billion loss stemming from xAI
Arkham data shows 8,285 BTC in Coinbase Prime custody as the company swings from $8 billion profit to nearly $5 billion loss ahead of its IPO push. Apr 11, 2026, 7:30 p.m. Make preferred on What to know: SpaceX is holding 8,285 bitcoin worth about $603 million in Coinbase Prime custody even as it reported a nearly $5 billion loss for 2025.The company swung from roughly $8 billion in profit a year earlier to a loss despite 2025 revenue rising to $18.5 billion, with the costs of integrating Elon ...
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