The post How Elon Musk’s Tesla and Bitcoin Investments are Dominating Global Markets appeared first on Coinpedia Fintech News
February 5, 2025 – Billionaire entrepreneur elon musk 
elon musk
Elon Musk Is the Co-founder of Tesla, an investor and entrepreneur. He was born on the 28th of June,1971, and is based in Pretoria, South Africa. He graduated from the University of Pennsylvania, earning a bachelor’s degree in Arts and physics, and the Wharton School, earning a bachelor’s degree in science, and economics. In 2003 Musk founded Tesla, an electric vehicle and clean energy company. Elon Musk is a crypto enthusiast, he has a complex relationship with cryptocurrency. He purchased $1.5 billion in the cryptocurrency. Musk was honored with Axel Springer Award, an award given to innovative people, who build new markets, change markets, and contribute to society. He was also listed on Forbes Billionaire with a total net worth of $2 Billion.
NAsales@teslamotors.com
EntrepreneurInvestorChief Executive Officer
whose net worth has surged to $414.6 billion, continues to reshape industries with his companies spanning electric vehicles, space exploration, AI, and even government efficiency.
Tesla & Bitcoin: Financial Powerhouses
Tesla, valued at $1.2 trillion, has seen a significant rise in its stock price, particularly following the 2024 U.S. presidential election. The company’s Bitcoin holdings, currently 9,720 coins, are worth around $949 million. Tesla’s digital assets were valued at $184 million at the end of 2022, but that figure surged to $1.08 billion after the latest earnings report. This dramatic increase is partly due to a change in accounting rules, which contributed to a $600 million gain on the company’s Bitcoin investments.
SpaceX & Starlink: Shaping Space Tech
Musk’s private space company SpaceX now holds a staggering $350 billion valuation, making it one of the most valuable private firms globally. Starlink, its satellite internet division, has also reached an impressive $137 billion valuation, reflecting increasing global demand for high-speed satellite internet.
xAI, X & The Boring Company: Expanding Influence
Musk’s AI research venture, Grok/xAI, now commands a $50 billion valuation, further cementing his influence in the artificial intelligence sector. Meanwhile, his social media platform, X (formerly Twitter), is valued at $40 billion, and The Boring Company, known for its underground transportation solutions, holds a $7 billion valuation.
.article-inside-link
margin-left: 0 !important;
border: 1px solid #0052CC4D;
border-left: 0;
border-right: 0;
padding: 10px 0;
text-align: left;
.entry ul.article-inside-link li
font-size: 14px;
line-height: 21px;
font-weight: 600;
list-style-type: none;
margin-bottom: 0;
display: inline-block;
.entry ul.article-inside-link li:last-child
display: none;
Government Efficiency & Blockchain Innovation
Musk has also entered the political landscape through his role in the Department of Government Efficiency (DOGE). DOGE is currently helping reduce the U.S. deficit by $1 billion per day. Reports indicate that blockchain technology may soon be used to track government spending, secure data, and enhance transparency. The U.S. Treasury has even granted Musk’s team read-only access to its payment system, marking a significant step toward digital transformation in government operations.
As Musk’s empire continues to expand across industries, his innovations are reshaping not only technology but also governance, finance, and space exploration.
.article_register_shortcode
padding: 18px 24px;
border-radius: 8px;
display: flex;
align-items: center;
margin: 6px 0 22px;
border: 1px solid #0052CC4D;
background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%);
.article_register_shortcode .media-body h5
color: #000000;
font-weight: 600;
font-size: 20px;
line-height: 22px;
.article_register_shortcode .media-body h5 span
color: #0052CC;
.article_register_shortcode .media-body p
font-weight: 400;
font-size: 14px;
line-height: 22px;
color: #171717B2;
margin-top: 4px;
.article_register_shortcode .media-body
padding-right: 14px;
.article_register_shortcode .media-button a
float: right;
.article_register_shortcode .primary-button img
vertical-align: middle;
@media (min-width: 581px) and (max-width: 991px)
.article_register_shortcode .media-body p
margin-bottom: 0;
@media (max-width: 580px)
.article_register_shortcode
display: block;
padding: 20px;
.article_register_shortcode img
max-width: 50px;
.article_register_shortcode .media-body h5
font-size: 16px;
.article_register_shortcode .media-body
margin-left: 0px;
.article_register_shortcode .media-body p
font-size: 13px;
line-height: 20px;
margin-top: 6px;
margin-bottom: 14px;
.article_register_shortcode .media-button a
float: unset;
.article_register_shortcode .secondary-button
margin-bottom: 0;
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
.subscription-options li
display: none;
.research-report-subscribe
background-color: #0052CC;
padding: 12px 20px;
border-radius: 8px;
color: #fff;
font-weight: 500;
font-size: 14px;
width: 96%;
.research-report-subscribe img
vertical-align: sub;
margin-right: 2px;
var templateIds = “6”;
var listOfSubscribed = [];
function subscribed_popupmodal(template_id)
var templateId = ‘6’;
getAllSubscriberCategoryList([templateId]);
var subcribemodal = window.parent.document.getElementById(‘subscribe-modal-design’);
if (subcribemodal)
var modalContent = `
Never Miss a Beat in the Crypto World!
Stay informed and gain the edge you need to navigate the crypto world. Select your subscription now
Latest News on Cryptocurrency News