POPA ReconReports today say Elon Musk confirmed Tesla and SpaceX boards each formed special committees of independent directors to explore a merger, with no terms agreed and Musk calling certainty "OVERSTATED" and the process "tap dancing through a minefield" CoinDesk. The crypto angle is balance sheet math, not new buying: SpaceX holds 18,712 BTC and Tesla holds 11,509 BTC, together 30,221 BTC in one combined entity CoinMarketCap. The Defiant frames it the same way, a possible union of 30,221 BTC based on disclosed June 30 holdings, ranking sixth among CoinGecko tracked public companies, with no transaction terms agreed DefiantNews. No new bitcoin purchase was announced, so this would be a reshuffle of existing holdings if a deal happens. Musk also flagged a high hurdle of 50% of ALL Tesla shares, not just votes cast. The sources do not name onchain wallets proving the 18,712 and 11,509 figures.
Reports today say Elon Musk confirmed Tesla and SpaceX boards each formed special committees of independent directors to explore a merger, with no terms agreed and Musk calling certainty "OVERSTATED" and the process "tap dancing through a minefield" CoinDesk. The crypto angle is balance sheet math, not new buying: SpaceX holds 18,712 BTC and Tesla holds 11,509 BTC, together 30,221 BTC in one combined entity CoinMarketCap. The Defiant frames it the same way, a possible union of 30,221 BTC based on disclosed June 30 holdings, ranking sixth among CoinGecko tracked public companies, with no transaction terms agreed DefiantNews. No new bitcoin purchase was announced, so this would be a reshuffle of existing holdings if a deal happens. Musk also flagged a high hurdle of 50% of ALL Tesla shares, not just votes cast. The sources do not name onchain wallets proving the 18,712 and 11,509 figures.
$BTC