Errol Musk claimed in an interview that his sons Elon and Kimbal Musk hold a combined 23,400 Bitcoin (CRYPTO: BTC), a stash worth roughly $1.7 billion at current prices around $74,000.
The claim has not been independently verified. If accurate, it would place the Musk brothers among the largest individual Bitcoin holders in the world.
Corporate Holdings
According to BitcoinTreasuries data, Tesla Inc (NASDAQ:TSLA) holds 11,509 BTC and SpaceX holds an additional 8,285 BTC. Combined corporate holdings sit at roughly 19,794 BTC, about 3,600 short of Errol’s figure.
The gap suggests the 79-year-old engineer may be including personal holdings outside corporate balance sheets, though neither son has publicly disclosed Bitcoin positions of that scale.
At current prices, Tesla’s known BTC position is worth roughly $850 million, or about 0.07% of TSLA’s market cap.
Errol also revealed the family once received payment in Solana (CRYPTO: SOL) and sold at the peak.
X’s Financial Stack Is Coming Together Fast
X launched its Cashtags feature on Tuesday, bringing real-time stock and crypto price charts directly into the app for U.S. and Canadian users on iOS.
Head of product Nikita Bier said X “has always been the best source of financial news for traders and investors” and that “billions of dollars are allocated every day based on what people read on Timeline.”
He added that the vision goes beyond charts: “trading should be frictionless.”
Cashtags is arriving ahead of X Money, which Elon Musk said last month would enter early public access in April.
The payments product promises peer-to-peer transfers, a Visa debit card, 6% APY on deposits through Cross River Bank, and cashback rewards across more than 40 U.S. states. It hasn’t launched yet.
Polymarket gives it a 31% chance of going live by April 30, with Sen. Elizabeth Warren (D-Mass.) sending a letter on Tuesday warning of consumer and stability risks.
What Bettors Are Pricing
If X Money eventually adds crypto rails, the Musk family would be positioned to benefit directly from a payments product reaching X’s 600 million monthly users.
Bitcoin is trading around $74,000, up roughly 13% since U.S. and Israeli forces struck Iran on Feb. 28. It briefly touched $76,000 on Tuesday before pulling back as traders booked profits on ceasefire optimism.
On Polymarket, bettors give BTC a 36% chance of hitting $100,000 by year-end on over $31 million in volume.
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