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ELON MUSK REVEALS SPACEX OWNS BITCOIN AND HAS NO PLANS TO SELL
Elon Musk has revealed that SpaceX has invested its cash reserves in bitcoin, following on from Tesla’s announcement earlier this year that it bought $1.5 billion of the cryptocurrency. ‘If the price of bitcoin goes down, I lose money,’ tech billionaire says. ‘I might pump but I don’t dump’ Speaking at The ₿ Word conference on Wednesday alongside Twitter CEO Jack Dorsey, Mr Musk also revealed that he personally owns a “significant” amount of bitcoin, as well as a smaller amount of Ethereum (ether) and dogecoin.
