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XPRIZE Founder: Over the past decade, I would invest idle funds into Bitcoin; now I will buy SPCX

2026-06-16 09:22

Odaily Planet Daily News: Peter H. Diamandis, founder of the globally renowned tech challenge organization XPRIZE and early investor in SpaceX, stated, "People always ask me if I will sell off when prices rise. Quite the contrary. Over the past ten years, whenever I freed up capital from other transactions, I poured those funds into Bitcoin. I still hold a considerable amount of Bitcoin and intend to hold it long-term."

"But going forward, whenever I have idle funds, I will invest in SpaceX, a company of epoch-making significance. I anticipate that the stock price may decline when locked-up shareholders are allowed to sell their shares and some cash out. However, I am not investing in SpaceX for short-term quarterly price gains, but to advance the off-planet economy."