Saylor’s Saucy Salute: Musk’s SpaceX IPO Launches Bitcoin Into the Mag8 Club!

Ah, Michael Saylor, the indefatigable high priest of Bitcoin, has taken to X (formerly Twitter) to bestow a benediction upon Elon Musk, following SpaceX’s rather ostentatious Nasdaq debut.

With the rocket‑builder now officially listed, Saylor proclaims that a quarter of his self‑styled “Mag8” – the Magnificent Seven plus SpaceX – now clutch Bitcoin on their balance sheets.

“Thanks to you, 25% of the Mag8 now holds bitcoin on the balance sheet,” he tweets, as if handing out party favours at a gala.

The Mag8, for those uninitiated, comprises Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, Tesla, and, courtesy of Musk’s latest financial fireworks, SpaceX.

Both Tesla and SpaceX, the twin Musk‑led marvels, already had a modest stash of Bitcoin before the IPO; now they join the chorus of corporate hodlers.

SpaceX, per BitcoinTreasuries.net, boasts 18,712 BTC – enough to make a modest moon‑base wallet – while Tesla holds a respectable 11,509 BTC.

Meanwhile, Strategy (formerly MicroStrategy) remains the undisputed heavyweight, guarding a hoard of 845,256 BTC, valued north of fifty‑four billion dollars, a sum that would make even the most austere banker blush.