SpaceX holds $603M in Bitcoin despite $5B loss stemming from xAI

lexandstuff 24 points 9 comments April 12, 2026
www.coindesk.com · View on Hacker News

Discussion Highlights (3 comments)

rogerkirkness

Going double or nothing using a business that invented reusable rockets and makes $8B a year in profit as the bet is overwhelming to think about.

chistev

Bitcoin is a good investment.

keypusher

these two things don’t really have anything to do with each other, and the article just restates the same two facts over and over again. they have held this BTC since 2024, this year thru lost a bunch of money trying to integrate xAI. so… what?

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