Elon Musk’s two biggest companies are sitting on 30,221 Bitcoin. At Bitcoin’s Oct. 31 close of $77,424, those coins are worth about $2.34 billion. SpaceX owns more than 60% of them.
The rocket maker disclosed 18,712 BTC in its IPO filing, bought for about $661 million, or roughly $35,000 a coin. That stake is now worth about $1.45 billion, more than double its cost.
Related: Elon Musk warns America will 1,000% go bankrupt and fail as a country
Tesla holds the other 11,509 BTC, worth about $891 million.Those coins carry new weight as the U.S. debt clock pushes past $40.6 trillion, a number Musk has spent the year calling a path to national bankruptcy.
Musk’s crypto ties run beyond his own…