Musk’s Father Says Family Holds 23,400 Bitcoin As X Money Due To Go Live This Month

URL has been copied successfully!

Errol Musk claimed in an interview that his sons Elon and Kimbal Musk hold a combined 23,400 Bitcoin (CRYPTO: BTC), a stash worth roughly $1.7 billion at current prices around $74,000.

The claim has not been independently verified. If accurate, it would place the Musk brothers among the largest individual Bitcoin holders in the world.

Corporate Holdings

According to BitcoinTreasuries data, Tesla Inc (NASDAQ:TSLA) holds 11,509 BTC and SpaceX holds an additional 8,285 BTC. Combined corporate holdings sit at roughly 19,794 BTC, about 3,600 short of Errol’s figure.

The gap suggests the 79-year-old engineer may be including personal holdings outside corporate balance sheets, though neither son has publicly disclosed Bitcoin positions of that scale.

At current prices, Tesla’s known BTC position is worth roughly $850 million, or about 0.07% of TSLA’s market cap.

Errol also

Full story available on Benzinga.com

Please follow us:
Follow by Email
X (Twitter)
Whatsapp
LinkedIn
Copy link

This post was originally published here