Elon Musk's brothers, holding 25 trillion won worth of Bitcoin... assets once again in the spotlight

American entrepreneur Elon Musk and his brother Kimbal Musk are reportedly holding approximately $1.7 billion (about 2.5 trillion Korean won) worth of Bitcoin, a family statement that has once again brought attention to Musk family’s cryptocurrency holdings. Against the backdrop of Bitcoin’s sustained high prices, in addition to corporate holdings, individual holdings have also been mentioned, and Musk’s overall asset value has become a market focus again.

On the 17th local time, according to American financial media Benzinga, Elon Musk’s father, Errol Musk, recently revealed in an interview with a cryptocurrency-focused media outlet that his two sons collectively hold 23.4k Bitcoins. At the current price of $74k per Bitcoin, the total value is approximately $1.7 billion. This case is interpreted as demonstrating how, amid the recent continuous strength of Bitcoin’s market, the asset value of large holders can grow at a rapid pace.

However, this figure also seems to include holdings from Elon Musk’s leading companies. Tesla holds 11.51k Bitcoins, and SpaceX holds 8,285 Bitcoins. The combined total is 19.79k Bitcoins, which, compared to the total mentioned by Errol Musk, suggests that about 3,606 Bitcoins are presumed to be personally held by the Musk brothers. In other words, market attention has shifted beyond just corporate assets, focusing on how large the previously undisclosed personal cryptocurrency holdings actually are.

Although Elon Musk has not publicly disclosed his Bitcoin holdings in detail, he has repeatedly shown a deep connection to the cryptocurrency market. He has previously mentioned meme coins like Dogecoin (a cryptocurrency originating from internet memes and joke culture), influencing their price fluctuations; recently, he also added a real-time cryptocurrency market viewing feature on his social platform X. These actions have led him to be regarded not only as an investor but also as a symbolic figure capable of influencing market sentiment.

Currently, Elon Musk, with his vast corporate equity and cash assets, is regarded as one of the world’s top wealthiest individuals. If the undisclosed cryptocurrency assets are included, his total asset scale could further expand. Especially with the expectation that SpaceX’s upcoming IPO might lead to an additional revaluation of his assets, this Bitcoin holding statement not only concerns his personal asset size but could also trigger renewed reflection on what impact the integration of large entrepreneurs and the cryptocurrency market might produce.