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Musk's SpaceX and TSL still hold 18,486 Bitcoins, with total profits exceeding 1.7 billion USD.
On July 22, after today's "SpaceX transfers $152 million BTC for the first time in three years", Elon Musk's SpaceX and TSL still hold 18,486 Bitcoins, with an average cost of about $32,000. Based on the current Bitcoin price of $118,000, SpaceX and TSL have made a profit of over $1.7 billion from their Bitcoin investments. TSL purchased $1.5 billion worth of Bitcoin in January 2021 and sold Bitcoin in two transactions: selling $272 million worth of Bitcoin in the first quarter of 2021; and selling $936 million worth of Bitcoin in the second quarter of 2022. The last time SpaceX transferred Bitcoin before today was during the market downturn from May 25 to June 10, 2022, when SpaceX transferred 17,314 Bitcoins to a CEX.