Tesla and SpaceX are studying a possible merger, The Defiant reports. The disclosed positions of the companies together total 30 221 bitcoin — such a volume would place sixth among publicly listed companies in CoinGecko's ranking.

Elon Musk said that the deal terms have not been agreed. Thus, this is a discussion of a possible merger, not a completed transaction.

The significance of the news lies in the potential concentration of bitcoin within a single corporate structure. However, the provided materials contain only a brief description of The Defiant's publication, without primary documents or additional corroboration.