Elon Musk's space firm SpaceX wrote down the value of bitcoin it held by a total of $373 million last year and in 2021, the Wall Street Journal reported Thursday. It hasn't been confirmed whether the entire $373 million stash was sold. The timing of SpaceX’s reported Bitcoin sale is also unclear.
SpaceX CEO Elon Musk publicly announced in 2021 that the firm had acquired a certain amount of Bitcoin.
SpaceX is a private aerospace manufacturer and space transportation company founded by Elon Musk, known for its innovation in developing reusable rocket technology and its ambitious goals of space exploration and colonization.
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