SpaceX holds $603M in Bitcoin despite $5B loss stemming from xAI (coindesk.com)

Going double or nothing using a business that invented reusable rockets and makes $8B a year in profit as the bet is overwhelming to think about.

Bitcoin is a good investment.

these two things don’t really have anything to do with each other, and the article just restates the same two facts over and over again. they have held this BTC since 2024, this year thru lost a bunch of money trying to integrate xAI. so… what?