Michael Saylor Calls Elon Musk’s SpaceX Vision ‘Bullish’: Could Bitcoin Benefit?

Strategy (NASDAQ:MSTR) Executive Chairman Michael Saylor on Thursday called Elon Musk’s latest SpaceX (NASDAQ:SPCX) valuation claim “₿ullish,” tying the moment back to Bitcoin (CRYPTO: BTC).

Why Saylor Called It ‘Bullish’

Musk posted on X Thursday that he sees “a path to SpaceX being worth orders of magnitude more than the current Earth economy,” adding the idea will “sound super crazy.”

Saylor replied with a single word: “₿ullish,” swapping the first letter for the Bitcoin symbol.

One order of magnitude means 10x, so Musk’s claim implies SpaceX could eventually top $12 quadrillion, measured against the IMF’s $126.3 trillion estimate for 2026 world GDP.

Musk made a similar claim back in July, arguing SpaceX could outvalue Earth’s entire economy if it hits its goals.

Strategy’s Tokenized Stock Lead

On the same day, Strategy posted that it leads all companies in tokenized stock value on-chain, with $491 million combined across MSTR and STRC (NASDAQ:STRC) tokens.

Saylor shared the chart with the caption “Probably nothing.”

Strategy’s total beats SpaceX, Nvidia and Tesla combined, whose tokenized stock value adds up to $444 million. 

How SpaceX’s Bitcoin Stake Compares to Strategy’s

SpaceX holds 18,720 BTC, a position that grew in value by more than $191.7 million over 20 days as Bitcoin climbed through September, according to Arkham Intelligence data. SpaceX neither bought nor sold any Bitcoin during that stretch.