As per Wall Street Journal, SpaceX sold approximately $373 million worth of Bitcoin acquired since 2021. 
Elon Musk, SpaceX CEO, declared Bitcoin acquisition in 2021 after Tesla’s $1.5 billion investment. 
SpaceX is said to have sold around $373 million worth of Bitcoin that it had obtained starting in 2021. As per a report from the Wall Street Journal on August 17, SpaceX noted Bitcoin holdings of about $373 million on its financial statement in 2021 and 2022. However, the company has now divested from the cryptocurrency.
As per records examined by the publication, SpaceX’s total expenditures for 2022 are estimated to be roughly $5.2 billion, along with an additional expenditure of $5.4 billion during 2021 and 2022 for property, equipment, and research and development activities.
Explanation of SpaceX’s Bitcoin Sales
In 2021, Elon Musk, the CEO of SpaceX, publicly declared that the company had acquired a specific quantity of Bitcoin. This announcement came after a submission t

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