Here’s How Much Bitcoin Elon Musk’s Leading Innovation Company Has

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U.Today – The space rocket company founded and run by tech billionaire Elon Musk owns a significant amount of .

This week, the aerospace technology giant conducted the first-ever commercial spacewalk, as American entrepreneur and SpaceX engineer Sarah Gillis landed in space more than 700 kilometres above Earth.

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

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This week, the tech mogul also outlined his plans to send spacecraft to the red planet Mars, which has been a long-standing goal of his in an effort to expand human consciousness from Earth. Musk tweeted that if all goes well, the first unmanned spacecraft would fly to Mars in two years.

At that time, the two planets will be connected by the shortest distance. If the ships manage to land safely on the surface of Mars, in another two years the first human crews will fly to Mars to establish a self-sufficient city on the planet.

However, Musk in his recent tweets complained that at the moment he sees a lot of bureaucratic obstacles that could hinder further SpaceX test flights.

In the meantime, SpaceX has a diminutive supply of Bitcoin, as does Musk’s other company, Tesla (NASDAQ:). According to Arkham, SpaceX’s BTC stash is currently worth $500 million.

This article was originally published on U.Today

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