Elon Musk’s SpaceX holds 18,712 bitcoin at fair value of $1.29 billion, IPO filing shows
The rocket and satellite company is looking to go public at a valuation of more than $1.5 trillion.
What to know:
- SpaceX has filed its S-1 with the Securities and Exchange Commission, confirming plans for an initial public offering expected next month that could be the largest in history.
- The company is reportedly seeking a valuation of more than $1.5 trillion, which would place it among the 10 most valuable publicly traded firms globally and further boost Elon Musk’s net worth.
- SpaceX’s filing highlights its dominant positions in reusable rocket launches and Starlink satellite internet, as well as its sizable bitcoin holdings of 18,712 BTC, at fair value of $1.29 billion, as of March 31.
SpaceX currently holds 18,712 bitcoin on its balance sheet, as of March 31, at a fair value of $1.29 billion, according to the filing. The company’s bitcoin holdings were valued at $1.64 billion as of Dec. 31, 2025.
“As of March 31, 2026 and December 31, 2025, the Company also held 18,712 units of Bitcoin with a cost basis of $661 million and fair value of $1,293 million and $1,637 million, respectively,” the filing said.
At the current spot price of $77,526, the holdings would be valued at about $1.45 billion.
The holding places the company among a small group of major corporations with significant bitcoin holdings. Musk’s other company, Tesla, holds 11,509 bitcoin in its balance sheet, according to BitcoinTreasuries data. Michael Saylor’s Strategy currently holds the largest with 843,738 bitcoin.
SpaceX is reportedly seeking a valuation of more than $1.5 trillion, with reports of a potential $2 trillion. If successful, the company would immediately rank among the 10 most valuable publicly traded companies in the world, alongside Apple, Microsoft and Nvidia.
