SpaceX revealed 18,712 BTC worth $1.45 billion in its IPO filing ahead of a planned June 2026 listing.
Bitcoin News
SpaceX has disclosed 18,712 BTC on its balance sheet in its S-1 registration statement filed with the US Securities and Exchange Commission, as the company moves toward a June 12 public listing. The filing shows the company purchased its holdings at an average price of $35,320 per coin. At current prices, the total value of the stash is approximately $1.45 billion.
The disclosed figure is more than double previous estimates from third-party tracking services. BitcoinTreasuries(dot)NET and crypto analytics firm Arkham had each estimated the company's holdings at 8,285 $BTC, or roughly 10,400 fewer coins than the S-1 now confirms.
SpaceX began accumulating $BTC in early 2021, around the same time that Tesla, Elon Musk's electric vehicle company, made its own initial cryptocurrency investment. Tesla currently holds 11,509 $BTC on its balance sheet, meaning SpaceX holds more than its affiliated company as of the filing date.
The S-1 places SpaceX seventh among publicly traded companies by $BTC holdings. The IPO itself is targeting a valuation between $1.75 trillion and $2 trillion, with the company aiming to raise approximately $75 billion, a figure that would rank it as the largest public offering in capital markets history.
SpaceX is one of a small group of high-value private companies considering listings in 2026, alongside AI firms OpenAI and Anthropic. Going public would unlock capital for the company to fund projects such as Starlink, orbital data centers, and longer-term Mars colonization plans.
In the S-1, SpaceX described its total addressable market as the largest actionable opportunity in "human history," citing a $28.5 trillion estimate that spans AI, space infrastructure, and global connectivity. For investors, a SpaceX position would provide indirect exposure to a $BTC balance sheet alongside the company's aerospace and AI operations.
The company's $BTC accumulation started five years ago and predates most corporate treasury strategies of similar scale. With the IPO targeted for June 12, the filing now places SpaceX's crypto holdings on record for prospective public investors for the first time.
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