SpaceX transfers BTC for the first time in 6 months, analysts say it may be a test for subsequent fund allocation.

Mars Finance News, July 9, according to Arkham monitoring, a SpaceX-labeled address conducted its first Bitcoin on-chain transfer in 6 months. Data shows that a wallet controlled by SpaceX sent a small BTC test transaction to a wallet controlled by another company. Arkham stated that such small test transfers sometimes appear before companies make larger treasury asset movements, but it does not necessarily mean a large transfer will follow. There is currently no indication that SpaceX has begun adjusting its Bitcoin reserves.
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