SpaceX (SPCX) apparently moved Bitcoin. Less than $300 of his $1.16 billion holdings in his wallet early Wednesday for the first time in nearly six months in three transfers that did not signal an impending sale.
Data from Arkham Intelligence shows the largest transfer to an address belonging to the company was 0.00213 BTC, about $135, transferred between the two wallets. One second sent 0.00139 BTC, or about $89.
In the third, Coinbase Prime Custody Service SpaceX topped up the address. With 0.000738 BTC, roughly $47, the kind of small amount that exchanges send to cover network fees before a larger transaction can go through.
SpaceX went public on June 12 in the largest IPO on record, and its filing revealed the company’s entire bitcoin position on a public balance sheet for the first time. Small moves after the share listing could draw attention even though none of the coins reached the exchange’s deposit address and none relinquished control of SpaceX.
The company still has 18,712 BTC. Transfers of this size are usually routine maintenance: funding wallets to pay fees, consolidating coins on addresses or checking signing setups before transferring actual balances.