Tokenized Tesla and SpaceX shares reach $364.5 million in onchain market cap

Token Terminal data shows SpaceX tokens leading Elon Musk's two companies as wallet counts climb 7.9-fold since January Elon Musk’s two best-known companies now have a sizable footprint on the blockchain. Tokenized shares of Tesla and SpaceX carry a combined onchain market cap of $364.5 million , according to Token Terminal data as of October 19, 2026. Token Terminal’s breakdown shows a crowded field. Several issuers offer their own wrapped versions of each stock, and each product carries a different ticker suffix. The largest single token is SPCXb, a tokenized SpaceX product valued at $138.7 million. TSLAx, a Tesla version, follows at $67.9 million. Next comes SPCXx, another SpaceX token, at $50.3 million. TSLAb rounds out the top four at $32.9 million. The research also tallies holdings across every issuer.

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