Around four months after its public debut, Space X (NASDAQ: SPCX ) holds approximately six times as much cash and cash equivalents as Tesla (NASDAQ: TSLA ).
More precisely, the space exploration company has $93.5 billion in cash and cash equivalents, while the carmaker has only $15.2 billion, according to data Finbold retrieved from CNBC on October 28.
The 515% ($78.3 billion) difference in the two companies’ financial positions, however, excludes short-term investments, which can significantly change the picture of a company’s overall liquidity.
SpaceX vs. Tesla: Which company has more cash?
Indeed, SpaceX holds an additional $6.5 billion in short-term investments, bringing its combined cash and short-term investments to roughly $100 billion.
At the same time, Tesla’s corresponding figure stands at $43.5 billion, once another $28.3 billion in short-term investments is included. Consequently, SpaceX’s total cash and short-term investments amount to approximately 2.3 times Tesla’s, rather than six times.
Anthropic has more cash than almost every company in America.
The nearly 6-year-old artificial intelligence lab disclosed on Monday in an S-1 filing with the Securities and Exchange Commission that it had $112.4 billion in cash, plus another $19.3 billion in short-term… pic.twitter.com/vmKDcM4oZ0
— CNBC (@CNBC) October 28, 2026
The distinction is important. Namely, cash and cash equivalents represent immediately available funds and highly liquid assets, but short-term investments are a separate category that likewise provides both companies with substantial liquidity reserves.
SpaceX is among the largest cash holders in the country
SpaceX’s $100 billion total also places it among the largest corporate holders of cash and short-term investments in the United States.
For example, the already cited data puts it just behind the likes of Berkshire Hathaway (NYSE: BRK.A , BRK.B ) with $365.5 billion, Alphabet (NASDAQ: GOOGL ) with $242.5 billion, and Anthropic with $131.7 billion, the last being especially noteworthy now that it is gearing up for an IPO .
Accordingly, the figures illustrate the scale of SpaceX’s financial resources compared to other publicly traded firms and its size compared to Elon Musk’s other companies, although a larger cash balance alone does not establish that a company is more profitable or has a stronger overall financial position.
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