Well, well, well. A Bitcoin wallet linked to SpaceX—who knew rockets and cryptos mixed like peanut butter and jelly?—has just shuffled over $153 million in BTC. And guess what? It happened mere days before Tesla’s Q2 earnings report. Because why not add a dash of chaos to an already chaotic world?
Traders and investors are clinging to hope that Elon Musk might have quietly added more Bitcoin to Tesla’s digital piggy bank this quarter. After all, if there’s one thing Musk loves more than flamethrowers, it’s keeping everyone guessing.
SpaceX Wakes Up Its Bitcoin Wallet After a Three-Year Nap 😴➡️🏃♂️
According to Lookonchain, SpaceX moved 1,308 BTC (worth a cool $153 million) into a shiny new wallet after letting it gather dust for over three years. Yes, you read that right—three years. That’s longer than most people stick with their New Year’s resolutions.
SpaceX(@SpaceX) transferred 1,308 $BTC($153M) to a new wallet after 3 years of dormancy.
— Lookonchain (@lookonchain) July 22, 2025
The last time this wallet saw action was June 10, 2022. So naturally, when it suddenly woke up, the internet collectively gasped louder than a cat spotting a cucumber. This move has got everyone wondering: What exactly is Elon up to now?
Oh, and don’t worry—SpaceX still has plenty of Bitcoin left. According to Arkham Intelligence, they’re sitting on 6,977 BTC, worth around $822.65 million. Not too shabby for a company whose primary job is launching things into space. Meanwhile, Tesla holds even more Bitcoin—11,509 BTC, or roughly $1.36 billion. Both companies’ crypto stashes are safely tucked away under Coinbase Prime custody. Because apparently, even billionaires use third-party babysitters for their digital gold.
This transaction has sparked wild speculation about Elon’s grand crypto strategy—or lack thereof. The timing couldn’t be juicier, either, coming just as Tesla’s earnings report looms large on the horizon. Investors are practically frothing at the mouth waiting to see whether Tesla added to its Bitcoin hoard this quarter.
Options traders certainly aren’t holding back. Over $47 million in net call options were placed on TSLA stock on Friday alone. Someone out there clearly thinks Tesla’s about to moon—or crash spectacularly.
Tesla Earnings: The Plot Thickens 📈⚡
On Monday, trader John Trades noticed someone dropping a whopping $1.5 million on TSLA 550 calls. For context, that’s the kind of money most of us would need several lifetimes to earn. Clearly, someone believes Tesla’s about to defy gravity… again.
Someone just bought $1,500,000 worth of $TSLA 550 calls this morning
Tesla reports earnings this week…don’t make me believe
— John Trades MBA (@JPATrades) July 21, 2025
Tesla’s earnings are expected to reflect some major changes in its revenue streams. Auto sales? Down 19.6% year-over-year. Energy revenue? Up a staggering 67%. Services? Climbing by 15.3%. Tech investor Samsolid suggests this shift could accelerate overall revenue growth, assuming energy continues to shine brighter than a supernova.
“If energy continues to grow as a larger share of total revenue, we could see overall revenue acceleration,” he mused on X.
Of course, no one can resist speculating about Tesla’s Bitcoin holdings. Stock market reporter Ed Carson posed a few tantalizing questions:
“A few Tesla earnings wildcards…Will Tesla change Bitcoin accounting for a 3rd straight quarter? Will Tesla take a ZEV credit rev hit in Q2 due to 2022- emission fines scrapped? Any Tesla Energy margin hit in Q2 from Trump tariffs?”
With SpaceX’s sudden Bitcoin shuffle and Tesla’s impending earnings report, the stage is set for a week of financial fireworks. Is Elon planning something big, or is this just another chapter in his ongoing saga of “let’s confuse everyone”?
One thing’s for sure: Whether it’s rockets, electric cars, or cryptocurrencies, Elon Musk knows how to keep the world on edge. As Wednesday approaches, markets are bracing themselves for whatever curveball he decides to throw next. Will it be a bull run or a cosmic explosion? Only time—and possibly Twitter/X—will tell. 🚀🌕
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2025-07-22 13:17