Signal & State

Signal & State

Any money you put into SpaceX instantly transforms into bitcoin

And some of your money will almost certainly end up there, whether you like it or not.

Phillip de Wet's avatar
Phillip de Wet
Jun 05, 2026
∙ Paid

There’s an easy Hotel California joke in there; your money can check out any time it likes but it can never leave. That’s not the full story, though. The money you invest in SpaceX won’t be going into a black hole, it will be transformed into something that is money-adjacent.

And bitcoin is a pretty good analogy for what it will become.

First though, yes,…

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