Why Saylor Called Musk’s Wildest SpaceX Claim “₿ullish”

Saylor Slams Musk's 100x SpaceX Claim as '₿ullish', Bitcoin Connection Revealed

The Verdict on Musk's SpaceX Claim

Michael Saylor has weighed in on Elon Musk's ambitious claim that SpaceX could be worth 100 times the Earth's economy. Saylor calls this claim 'ullish', implying that it's far beyond reality.

A Closer Look at SpaceX's Tokenized Stock Value

While Musk's claim may sound impressive, the numbers don't quite add up. On-chain, SpaceX's tokenized stock value is worth less than 0.01% of its market value. This is a far cry from the $12 quadrillion figure that Saylor cites as the minimum value SpaceX would need to reach.

Strategy Leads the Pack in Tokenized Stock Value

Saylor's company Strategy is leading the pack in tokenized stock value on-chain, with its tokenized stock worth $491 million. This dwarfs Musk's SpaceX tokenized stock worth $174 million. It's clear that while Musk's vision is ambitious, it's not quite aligned with the current market reality.

Bitcoin Connection Revealed

Saylor's interest in SpaceX is not just about the company's financials. As a long-time Bitcoin advocate, Saylor sees a connection between the two. SpaceX listed 18,712 Bitcoin in its S-1 registration filing, and the company's Bitcoin treasury has barely moved since. This suggests that Saylor may have a vested interest in the success of SpaceX's Bitcoin holdings.