SpaceX has transferred 4,300 BTC, worth approximately $470 million, over a ten-day period in late October 2025, according to AICryptoCore. The transactions, including a notable 281 BTC movement on October 29, were conducted via Coinbase Prime. These transfers have fueled speculation about potential shifts in SpaceX's cryptocurrency strategy. Despite the significant volume, the transactions appear to be related to custody updates rather than liquidation, as no major market disruptions were observed. Elon Musk, CEO of SpaceX, has been a vocal supporter of Bitcoin but has not commented on these specific transfers.