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SpaceX-linked address moves $268M in BTC to unlabeled wallet

October 21, 2025, 6:40 AM
An address presumed to belong to Elon Musk's space exploration company, SpaceX, has transferred 2,395 BTC, worth $268 million, to an unlabeled address for the first time in three months, according to on-chain analyst ai_9684xtpa. There have been no subsequent movements or indications of a sell-off. The transaction follows a similar transfer in July, when the same address moved BTC worth $152 million for the first time in three years.

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