SpaceX Makes Musk Richer Than Bitcoin — What's the Crypto Godfather's Next Move?
$Space Exploration Technologies Corp(SPCX)$ surged over 35% in its first week of trading, pushing its market cap past $2.5 trillion. Combined with his $Tesla Motors(TSLA)$
The space economy repricing is spilling into the broader market. $Rocket Lab (RKLB.US)$ , $AST SpaceMobile (ASTS.US)$ , and $Planet Labs PBC (PL.US)$ — core plays in the SpaceX ecosystem — have rallied steadily as IPO hype builds. Capital is chasing the "space computing" narrative, hunting for the next entry point.
But for crypto traders, the real signal is Musk's history with digital assets. In 2021, Tesla bought $1.5 billion in Bitcoin and announced $Bitcoin (BTC.CC)$ payments, sending the price past $43,000 that same day. He then enabled Dogecoin payments for Tesla merchandise — still live today. His tweets have repeatedly moved $Ethereum (ETH.CC)$ and $Ripple (XRP.CC)$ on short timeframes, making him arguably the single biggest variable in crypto markets.
Musk later paused Bitcoin payments but set a clear condition: once mining runs on more than 50% clean energy, Tesla would resume accepting BTC. That condition now has a new solution. SpaceX's prospectus outlines a "space computing" initiative — orbital data centers powered entirely by solar energy, with natural cryogenic cooling eliminating thermal costs. Built for xAI's training demands, this infrastructure could theoretically mine Bitcoin too, meeting the clean energy threshold by default.
Here's where things stand: Musk commands a trillion-dollar fortune, holds $85.7 billion in fresh IPO capital, $Tesla (TSLA.US)$ and $SpaceX (SPCX.US)$ still owns approximately 30,221 BTC and has never sold, DOGE payments remain active, and space-based computing could solve the energy equation for both AI and mining simultaneously.
The question was never whether he'd touch crypto again — it's when. When the world's richest man doubles as crypto's godfather, BTC, DOGE, ETH, XRP, and the space plays — RKLB, ASTS, PL — all belong on your watchlist.
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