Elon Musk's private aerospace company SpaceX moved more of its Bitcoin holdings on Wednesday ahead of reported blockbuster IPO plans.

Elon Musk supported El Salvador President Nayib Bukele's initiative to integrate Grok AI into the country's public education program on Tuesday, December 16.

Elon Musk says that money’s role in the future will fade and that energy-based tokens like Bitcoin will take over.

In December 2024, El Salvador reached a deal with the International Monetary Fund (IMF) to abandon Bitcoin’s status as legal tender in the country. The IMF had long warned that Bitcoin’s volatility and limited adoption posed risks to economic stability, urging reforms as a condition for financial assistance.

"Bitcoin falling alongside Fed funds," McGlone wrote on X. “Since the Fed cut 25 basis points on September 17, bitcoin has dropped almost 25%. Is it the start of post-inflation deflation or just a dip in the uptrend? My bias is the former.”

SpaceX has moved $94 million in Bitcoin as the company’s plans for a $30 billion IPO at a $1.5 trillion valuation emerge.

Tech tycoon Elon Musk 's SpaceX has moved millions of dollars' worth of Bitcoin (BTC) as the aerospace and space transportation company is reportedly planning for an initial public offering (IPO) in 2026. As Musk himself is a strong Bitcoin advocate, SpaceX began adding the digital asset to its balance sheet in 2021.

The Musk-headed company noted that the move will create adaptive, curriculum-aligned tutoring that adjusts pace, preferences, and mastery levels, ensuring that every student. ・Rivals OpenAI and Meta have already rolled out tailored AI offerings.

Bitcoin slips to $91,035 as Elon Musk's SpaceX transfers BTC worth $100 million ahead of US PCE inflation data release.

SpaceX moves over $200 million in Bitcoin, fueling sell-off fears, but on-chain data shows the liquidation panic may be premature.

Forbes contributors publish independent expert analyses and insights. I write about how bitcoin, crypto and blockchain can change the world. Elon Musk, the Tesla billionaire who has said he’d be backing bitcoin over the U.S. dollar, has withdrawn from ...