Tesla and SpaceX Maintained 30,221 Bitcoin Balance Through Third Quarter

Tesla and SpaceX retained their full combined allocation of 30,221 Bitcoins through the third quarter of 2026, representing a total valuation of approximately $2.53 billion as of September 30. Neither firm announced plans to buy or sell digital assets during their recent financial disclosures.

Tesla holds 11,509 BTC, valued at $962 million at the end of the quarter following a 42% valuation increase tied to crypto market gains and $6.3 billion in quarterly spot ETF inflows. SpaceX, which listed publicly on the Nasdaq earlier in 2026, holds the remaining 18,712 BTC, valued at roughly $1.57 billion compared to $1.1 billion at the end of June.

Accounting standards require mark-to-market revaluations of digital assets, leading Tesla to post an unrealized Bitcoin gain of approximately $290 million for the quarter. Tesla Chief Financial Officer Vaibhav Taneja noted that this gain helped offset a $142 million mark-to-market reduction in the company's SpaceX holding.

The paper gain on Bitcoin represented more than one-third of Tesla's $787 million in quarterly net income, which fell 42.7% year-over-year. While Tesla's $962 million Bitcoin position accounts for roughly 2% of its $45.4 billion cash reserves and 0.06% of its $1.53 trillion market capitalization, crypto price fluctuations continue to create notable swings in its net income figures.