A Bitcoin wallet linked to space company SpaceX has movedover $150 million worth of bitcoin for the first time in more than three years,marking its first recorded activity since mid-2022. The recent transaction hasdrawn attention in cryptocurrency circles, raising questions about thecompany’s intentions with its significant bitcoin holdings.According to blockchain analytics platform Arkham, SpaceXtransferred 1,308 bitcoins (BTC) from a wallet identified as controlled by thecompany to a previously inactive address. The transaction marks the firstoutbound bitcoin movement since June 10, 2022, when SpaceX transferred 3,505BTC, worth approximately $102 million at the time, to Coinbase, a popularcryptocurrency exchange.BREAKING: SPACEX JUST MOVED BITCOIN FOR THE FIRST TIME IN 3 YEARSThey sent 1.3K BTC ($153M) to a fresh address this morning.Cycling custody wallets or moving to sell? pic.twitter.com/bFkhkjYdho— Arkham (@arkham) July 22, 2025SpaceX Awakens Dormant Bitcoin Wallet with $153 MillionTransferSpaceX’s bitcoin wallet, which had been untouched sincemid-2022, executed a transfer involving 1,308 BTC to a previously inactiveaddress. According to data from Arkham, this transaction represents the firstoutbound bitcoin move since June 10, 2022, when SpaceX moved 3,505 BTC valuedat approximately $102 million, transferring those coins toCoinbase.The reasons behind the recent transfer are unclear. It mayrepresent a sale, an internal reallocation of treasury assets, or some otherfinancial strategy. Neither SpaceX nor its CEO, Elon Musk, has commented on the transaction.The current recipient wallet remains unidentified and hasshown no subsequent activity following the transfer. This has left analystspondering the nature of the shift—whether it indicates a sale of bitcoinassets, internal treasury realignment, or other strategic maneuvering withinSpaceX.SpaceX Maintains a Massive Crypto StakeArkham data shows that SpaceX still holds 6,977 BTC, valuedat around $815 million based on current prices. This makes SpaceX one of thelargest known corporate holders of Bitcoin, trailing behind MicroStrategy and Tesla, which are also significant participants in thecorporate bitcoin market.The reasons behind the recent transfer are unclear. It mayrepresent a sale, an internal reallocation of treasury assets, or some otherfinancial strategy. Neither SpaceX nor its CEO, Elon Musk, has commented on the transaction.The sudden activation after a three-year pause might suggesta strategic pivot or reorganization in how SpaceX manages its crypto assets.Given Elon Musk’s high profile in tech and crypto spaces, this bitcoinmovement will likely draw further scrutiny and analysis.Expect ongoing updates as this story evolves. This article was written by Jared Kirui at www.financemagnates.com.