SpaceX Transfers $31 Million in Bitcoin to New Wallet

SpaceX recently moved a significant amount of Bitcoin, approximately $31 million, to a newly established digital wallet. This transfer follows two similar actions by SpaceX within the past month, indicating ongoing asset management and restructuring efforts. 281 BTC were transferred on October 30th, 2025, with no immediate market impact as no direct sales of Bitcoin took place. This move signifies SpaceX’s active treasury management and potential internal re-evaluation of their financial strategy.