This is the amount of bitcoins owned by Elon Musk's innovative and leading company, according to U.Today

U.Today – According to data shared by Arkham Intelligence, the space rocket company created and run by tech billionaire Elon Musk owns a significant amount of .

This week, the aerospace technology giant successfully conducted the first commercial spacewalk in history when American businesswoman and SpaceX engineer Sarah Gillis launched into space at an altitude of more than 700 kilometers above Earth.

The event was widely celebrated by social media users on Elon Musk's X platform.

This week, the tech mogul also announced plans to launch spacecraft to the red planet Mars, which has been his goal to extend human consciousness from Earth for years. Musk tweeted that if all goes well, the first unmanned spacecraft will go to Mars within two years.

At that time, the two planets will be connected by the shortest distance. If the spacecraft manage to land on the surface of Mars without problems, in two years the first human crews will fly to Mars to establish a self-sufficient city on that planet.

However, Musk has complained in his recent tweets that there are many bureaucratic hurdles he sees right now for future SpaceX test flights.

Meanwhile, SpaceX holds a small stash of bitcoin, along with Musk’s other company, Tesla (NASDAQ:TSLA). According to Arkham, SpaceX’s BTC stash is currently worth $500 million.

This article was originally published on U.Today



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