If there are people and trends that are currently shaping the world, it would have to be the new President of the USA, Donald Trump, and his trusted advisor, billionaire inventor and entrepreneur, Elon Musk. Musk's SpaceX company is another big name everyone knows, and so is Bitcoin, the leading cryptocurrency. But how are they connected, and why do they depend on each other for success and a sa by Clarence Oxford
Los Angeles CA (SPX) Aug 01, 2025
SpaceX still can't be traded publicly, the solo estimate of the company and shares are based on private funding rounds.
Here is how Trump affected the prices of SpaceX since he was elected.
- Before Trump was elected, SpaceX seated around 120 USD
- After Trump was elected in 2024, the price of SpaceX jumped to 234 USD marking growth of 95% in a single day
- Trump and Elon split in May 2025 resulting in a drop of SpaceX stock to 220 USD marking the first loss (-17%) after the Trump election.
- Shortly after the dip in May 2025, in August SpaceX reached new all time high of 246 USD
If there are people and trends that are currently shaping the world, it would have to be the new President of the USA, Donald Trump, and his trusted advisor, billionaire inventor and entrepreneur, Elon Musk. Musk's SpaceX company is another big name everyone knows, and so is Bitcoin, the leading cryptocurrency. But how are they connected, and why do they depend on each other for success and a safe future? Well, that is what we focus on in this article.
Everyone knows who the president is, as he is typically described as the most important person in the world due to the power he weilds, but also as the "Leader of the Free World." Elon Musk is a divisive public figure who influences the world like nobody else before him due to his newfound political aspirations, but also his businesses like SpaceX, X (Twitter), and Tesla. Trump's politics and Musk's businesses have a huge role in how the tech world is behaving and how the stock markets shift, especially with something already as volatile as crypto nd Bitcoin.
So join us as we aim to explore the implications and connections between them so that the average people can know where they stand when using their Bitcoin for trading and entertainment on platforms like Stake.com without fear and worry. With a positive look on the future of free internet use and everything that crypto stands for, Musk's SpaceX and Trump will hardly mean bad news for the leading virtual currency.
The Situation of SpaceX Stocks and Bitcoin
First of all, the company is still private and has never gone through an initial public offering (IPO) where it would sell stocks. Instead, it is a private company in which Musk has a majority in, meaning there is no stock price affected like public companies have. So whatever happens, Musk, with 42% equity and 79% voting control, is the man. It is influenced by private funding rounds, investor sentiment, and its business performance, like the growth of Starlink, NASA contracts, successful launches, etc.As for how it is connected to Bitcoin and what Trump's policies towards it are, there could be some small implications. President Trump has shifted his position on crypto. In 2024 and 2025, he has expressed more supportive rhetoric toward Bitcoin and cryptocurrencies that appeal to younger, libertarian, and tech-savvy voters. He even launched his own coin, as did his wife, Melania. This influences the general crypto market sentiment and adds to the overall value of most coins, especially Bitcoin and its altcoins, but does not directly impact SpaceX in any way.
What Could be the Link Between Trump, SpaceX, and Bitcoin?
As of May 2025, Elon Musk holds a significant but unofficial role within the Trump administration. He serves as a Senior Advisor to the President and is widely recognized as the de facto leader of the Department of Government Efficiency (DOGE). This is a controversial initiative launched by President Trump to overhaul federal agencies. While the White House officially designates Musk as a Senior Advisor, President Trump has publicly stated that Musk is "in charge" of DOGE. A federal judge has also ruled that Musk is effectively exercising the authority of DOGE's administrator, despite not holding a formal title or Senate confirmation.Established on January 20, 2025, DOGE aims to reduce government waste, eliminate what it deems as "fraud and abuse," and restructure federal agencies. The initiative has led to significant personnel cuts and shutdowns of various initiatives and programs, most notably USAID. It has also reclassified Mexican cartels as terrorist organizations and proposed military interventions. Musk operates from the Eisenhower Executive Office Building with his team, an area adjacent to the White House complex. Evident from this, Musk is one of Trump's most trusted advisors despite not being a career politician. But neither is Trump, which is probably why he wants him there. Therefore, whatever he does for the whole length of the administration in the next four years will be in the focus of the public and impact many areas of life.
To a degree, that includes how freely his companies operate and what they do, but also industries adjacent to them, which are typically tech, innovation, and finance. And what is cryptocurrency and Bitcoin but a near-perfect match of innovative financial tech? With more and more people using BTC and other virtual currencies and many online entertainment platforms deciding to go the Crypto casino route, we could see a new era of breakthroughs and innovations. Both Trump and Musk are familiar with the potential of cryptos and Bitcoin, so there is no way to expect their moves, both political and business, would damage it going forward.
The Verdict
The current situation in the world is unfamiliar. We are in uncharted waters, unknown territory, and we do our best to navigate them. World leaders are changing, their views and moves are different from what was traditionally established, and it is interesting and exciting, but also a bit worrying and concerning because of the element of the unknown. With new technologies like blockchain and cryptocurrencies reshaping how business, entertainment, innovation, and finance are being done, some things are always bound to change, with new rules and laws introduced by an administration. However, the current president and his team are all for doing the best things for the people, Americans first, truth be told, but the effects will eventually be felt elsewhere, with worldwide trends like Bitcoin.SpaceX has no direct relation to BTC and cryptos. It is a private company, and whatever Trump's stance towards cryptocurrency is, it can never suffer because of it. They are separate industries with some slight connections here and there simply because of how modern markets work, but they can never cause or influence each other's downfall or success. So, no, SpaceX's stock price is not affected by Trump's supportive politics over Bitcoin, and it will never be. And to set the record straight, it would also not be affected by his unsupportive politics over BTC.
Elon Musk's and Donald Trump's Businesses
There have been quite a few words about these two businessmen who essentially run the world right now, but in this section, we will focus on their current endeavors. As of May 2025, both Elon Musk and Donald Trump have been actively expanding their business ventures, with notable developments in technology, media, and finance. Both are leveraging their platforms and resources to influence industries ranging from space exploration to digital finance, thus reflecting their ongoing impact on global business practices and economies of whole countries.Musk continues to push the boundaries of innovation through his various companies. In Austin, Texas, his close adviser, Jared Birchall, has established three Mars-themed companies, Red Planet Ventures I, II, and III. These entities will support Musk's vision for Mars colonization, aligning with SpaceX's Starship missions and Tesla's development of Optimus humanoid robots. The interconnected nature of these ventures underscores Musk's commitment to space exploration and technological advancement, which he can now make a deeper impact in due to his relationship with Trump.
President Trump has been actively engaging in business ventures that intersect with his political role. His visits to Saudi Arabia, Qatar, and the United Arab Emirates are to secure substantial investments in the US, focusing on energy cooperation and infrastructure projects. Saudi Crown Prince Mohammed bin Salman has pledged a $600 billion investment. Trump's business interests in the region include luxury towers and resorts, too. In the digital finance sector, Trump launched a cryptocurrency meme coin, $TRUMP, in January 2025. The coin's value surged rapidly as Trump-affiliated entities controlled a significant portion of the supply.
SpaceX Facts and Trivia
First Private Company to Reach Orbit: In 2008, SpaceX became the first private company to send a liquid-fueled rocket, called Falcon 1, into orbit.Reusable Rockets: SpaceX revolutionized spaceflight with the Falcon 9 rocket that can land and be reused, an innovation that drastically reduces the cost of space missions.
First Private Company to Send Humans to the ISS: In May 2020, the Crew Dragon Demo-2 mission made SpaceX the first private company to send astronauts to the International Space Station.
Starship - The Mars Rocket: SpaceX is developing Starship, a fully reusable spacecraft designed for missions to the Moon, Mars, and beyond. It should be the largest and most powerful rocket ever built.
Elon Musk founded SpaceX with His Own Money: Musk invested $100 million of his own money to start SpaceX in 2002, after becoming frustrated with the high cost of rockets.
Starlink Satellite Internet: SpaceX operates Starlink, a growing constellation that has over 5,000 satellites as of 2025. It provides high-speed internet worldwide, including remote regions, and aims to change how the internet is used.
Fastest Rocket Turnaround: In 2021, SpaceX achieved a record turnaround time of 27 days between launches of the same Falcon 9 booster, a feat unheard of in aerospace.
NASA Contracts: SpaceX has secured billions in contracts from NASA, including resupplying missions, crewed flights, and future Moon missions through the Artemis program.
SpaceX Launches More Rockets Than Anyone Else: Be it a company or a country, in 2023 and 2024, SpaceX accounted for more than half of the world's orbital launches.
Space Tourism: In 2021, SpaceX launched Inspiration4, the first all-civilian spaceflight, marking a major milestone in commercial space tourism.
Donald Trump FAQs
What was Donald Trump doing before becoming President?
Before entering politics, Trump was a businessman and television personality. He ran the Trump Organization and starred in the reality show The Apprentice.When did Donald Trump become President?
He first became the 45th President of the United States on January 20, 2017, after defeating Hillary Clinton in the 2016 election. He became the 47th President on January 20, 2025.Was Donald Trump the first US President without political or military experience?
Yes, Trump was the first President in U.S. history elected without prior political or military service, as he was a businessman and public figure.How many times has Donald Trump been married?
Trump has been married three times, to Ivana Trump, Marla Maples, and Melania Trump, his current wife.What are Donald Trump's main business ventures?
Trump has been involved in real estate development, hotels, casinos, branding/licensing deals, and reality TV.Has Donald Trump written any books?
Yes, he has authored or co-authored over a dozen books, the most famous of them being The Art of the Deal (1987).What is Trump's stance on immigration?
Trump is known for a strict immigration policy, marked by his decision to build a wall on the border between the USA and Mexico to prevent illegal immigration. Another one of his measures implies the implementation of travel bans and visa limitations.Was Donald Trump impeached?
Yes, Trump was impeached twice by the House of Representatives, once in 2019 following the Ukraine scandal, and again in 2021, with the Capitol riot. He was acquitted both times by the Senate.What are Donald Trump's children known for?
Trump has five children, and several are well-known public figures, especially Ivanka Trump, Donald Jr., and Eric Trump. They have been involved in both business and politics and have increasingly important roles in their father's endeavors.What are Donald Trump's key policies during his current presidency in 2025?
In his second term, Trump has continued to focus on border security, deregulation, energy independence, and foreign policy realignment. He has also emphasized tariff-driven trade strategies, reducing federal oversight in education and climate regulations, and reshaping the judiciary with more conservative appointments.How has Donald Trump influenced the Republican Party?
Trump has significantly reshaped the GOP. He shifted it toward a more populist, nationalist, and anti-establishment direction. His influence has led to the rise of "America First" policies and loyalty-based political dynamics within the party.Why is Donald Trump such a polarizing figure?
Trump is polarizing due to his unfiltered communication style, controversial rhetoric, frequent use of social media, and a tendency to challenge traditional and established political norms. Supporters see him as a truth-teller and disruptor, while critics view him as divisive and authoritarian-leaning.Related Links
Rocket Science News at Space-Travel.Com