Elon Musk’s SpaceX Transfers Bitcoin, Fueling Market Speculation

SpaceX, Elon Musk’s aerospace company, has injected a significant jolt into the cryptocurrency market with the transfer of 281 Bitcoin. The recent transaction, valued at around $31.28 million, marks the third such move by SpaceX in the past ten days, according to blockchain analytics platform Lookonchain. This action comes amidst continued market volatility and has spurred speculation regarding potential selling or safekeeping.