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Elon Musk’s SpaceX Moves $94M in Bitcoin Amid IPO Plans: Sell-Off or Custody Shuffle?

Summary by Coingape
SpaceX shifted a fresh batch of Bitcoin this month, moving 1,021 BTC valued at about $94.48 million. The transfer flagged by Lookonchain and described as likely linked to Coinbase Prime. The move adds to a recent sequence of large transactions tied to wallets tracked as SpaceX-related. SpaceX Bitcoin Transfers Follow a Repeat Pattern In an The post Elon Musk’s SpaceX Moves $94M in Bitcoin Amid IPO Plans: Sell-Off or Custody Shuffle? appeared fir…
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When a company like SpaceX quietly moves almost a billion dollars in Bitcoin over the blockchain, people notice that. And if the same company could prepare for what could become the biggest IPO in history, every on-chain movement suddenly feels like a clue. Let's break down what happens, why SpaceX now reorganizes its crypto treasure chamber and how this is related to the company's reported plans for an IPO in 2026. Why did SpaceX move another 9…

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SpaceX has just transferred 94 million dollars in bitcoin, according to on-chain data analysed by Arkham Intelligence. These movements are part of a series of regular transfers, observed for the past two months, after several years of inactivity. They intervene while information evokes a possible introduction to the company's stock exchange in 2026, for a valuation of up to 1,500 billion dollars. This concomitance revives the questions about Spa…

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The Crypto Basic broke the news in on Wednesday, December 10, 2025.
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