SpaceX Discloses $1 Billion Bitcoin Holdings Ahead of Historic IPO
SpaceX Reveals $1 Billion Bitcoin Holdings Ahead Of Historic IPO — Here's How Much The Elon Musk-Led Company Paid For Its Coins

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SpaceX, led by Elon Musk, revealed in its IPO filing that it holds over $1 billion in Bitcoin, specifically 18,712 BTC valued at $1.29 billion. The company plans to raise approximately $75 billion in its upcoming IPO, which could be the largest in history.
- 01SpaceX's Bitcoin holdings were acquired at an average cost of approximately $35,324 per BTC.
- 02The company's Bitcoin stash is currently valued at around $1.45 billion based on current market prices.
- 03Tesla, another company led by Musk, holds 11,509 BTC worth over $895 million, but does not disclose this in quarterly reports.
- 04SpaceX aims to list on the Nasdaq under the ticker SPCX, with a valuation target of nearly $1.75 trillion.
- 05Bitcoin was trading at $77,963.82, reflecting a 6.02% increase in the last 24 hours.
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In a significant disclosure ahead of its anticipated IPO, SpaceX, the space exploration company headed by Elon Musk, revealed it holds over $1 billion in Bitcoin (BTC). As of March 31, the company reported possessing 18,712 BTC with a fair value of $1.29 billion, which at current market prices is approximately $1.45 billion. The total cost basis for these holdings was $661 million, indicating an average purchase price of about $35,324 per Bitcoin. This filing confirms previous on-chain data suggesting SpaceX's Bitcoin transfers. Notably, Musk's other venture, Tesla Inc., also has substantial Bitcoin assets, holding 11,509 BTC valued at over $895 million. Unlike SpaceX, Tesla does not explicitly mention its Bitcoin holdings in quarterly reports. As SpaceX prepares for its IPO, expected to be the largest in history, it aims to raise around $75 billion with a valuation nearing $1.75 trillion. The company plans to list on the Nasdaq under the ticker SPCX. As of the latest data, Bitcoin was trading at $77,963.82, marking a 6.02% increase in the past day.
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