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SpaceX Moves $94M in Bitcoin Amid IPO Plans

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Bitcoin breaking news: SpaceX moved 1,021 BTC, valued at $94.5 million, from one of its wallets on December 10. The transfer is part of a larger Bitcoin news story, with the company moving 8,910 BTC, or $924 million, via Coinbase Prime this year. The Bitcoin was sent to two unlabeled addresses, with some funds shifting to newer address formats. Analysts see the moves as a reorganization of digital assets. SpaceX has not commented publicly. The company is also reportedly preparing for a $30 billion IPO with a $1.5 trillion valuation.
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