Elon Musk's SpaceX is preparing for a historic initial public offering (IPO), aiming for a valuation exceeding $1.5 trillion. According to its S-1 filing with the U.S. Securities and Exchange Commission, the company holds 18,712 bitcoin, valued at approximately $1.29 billion as of March 31, 2023. This significant bitcoin investment places SpaceX among a limited number of corporations with substantial cryptocurrency assets, alongside Musk's other company, Tesla, which holds 11,509 bitcoin. The IPO, expected next month, could surpass Saudi Aramco's $29.4 billion offering in 2020, potentially making it the largest IPO in history. SpaceX's revenue is projected to rise from $14 billion in 2024 to $18.7 billion in 2025, reflecting its strong market position in commercial rocket launches and satellite internet through its Starlink service. As CEO, Musk will maintain control over the company post-IPO, which is anticipated to attract significant investor interest due to its innovative technology and expanding global presence.