SpaceX, owned by Elon Musk, is preparing for its initial public offering (IPO) on the 12th of June. The company has submitted its S‑1 registration statement to the U.S. Securities and Exchange Commission, aiming to stage the largest IPO in history. The filing also highlighted Musk’s quiet commitment to digital assets.
SpaceX’s Bitcoin holdings
According to the filing, the company held 18,712 Bitcoin [BTC], with a cost basis of $661 million and a fair value between $1.637 billion and $1.293 billion.
However, at the current price of $78,029.03 per Bitcoin, the position is worth approximately $1.46 billion. Providing further information, the filing added,
The Company has ownership of and control over its digital assets, which consist of bitcoin, and utilizes, and expects to continue to utilize, third-party custodians to hold its bitcoin.
What’s next if the IPO turns out to be successful?
According to the filing, SpaceX expects a valuation of at least $1.5 trillion, potentially reaching $2 trillion. If the IPO succeeds, the company would immediately rank among the ten most valuable publicly traded corporations worldwide.
Furthermore, it will also surpass Coinbase, Strive, and Musk’s other publicly traded company, Tesla, to become the seventh-largest Bitcoin holder in the world.
Musk’s other firm and more
On‑chain data shows Tesla, Musk’s other company, holds 11,509 BTC. By comparison, Strategy remains the largest corporate holder with 843,738 BTC, meaning Musk would need far more accumulation to reach that level. Still, his efforts are notable.
In December, AMBCrypto reported that SpaceX transferred $94 million worth of Bitcoin as part of a weekly trend. For nearly two months in late 2025, the aerospace firm consistently moved about $100 million each week.
Final Summary
- SpaceX Bitcoin holdings have reached 18,712 Bitcoins with a fair value of $1,293 million as of 31st of March 2026.
- If the IPO is successful, then SpaceX can become the seventh-largest Bitcoin holder in the world.
