SpaceX Makes Bitcoin Move: First Transfer Since July Sparks Crypto Speculation

Bitcoin’s price has remained relatively stable this week despite cautious investor sentiment. However, SpaceX’s recent large Bitcoin transfer sparked speculation about the company’s long-term crypto strategy. The aerospace firm reportedly moved more than $260 million worth of Bitcoin, marking its first known transaction since July 2023. This move comes at a time when SpaceX is facing both financial and political challenges.