[CoinDesk] SpaceX-Tesla merger talks put 30,000 bitcoin back in focus

SpaceX and Tesla have begun merger discussions that could be announced as soon as December, a deal that would consolidate roughly 30,000 bitcoin—valued at about $2.1 billion—under a single corporate roof. The combined entity would hold the bitcoin across the two companies' treasuries, though the stash represents only a sliver of the merged group's overall valuation. The talks put corporate bitcoin treasury strategy back in focus, as Elon Musk's two flagship firms would become one of the largest publicly traded bitcoin holders. Investors will watch for a formal December announcement and any disclosure on whether the combined company retains, rebalances or expands the 30,000 BTC position.