In a surprising twist ahead of its highly anticipated initial public offering, SpaceX disclosed an astonishing 18,712 Bitcoin holdings valued at approximately $1.45 billion. This revelation, detailed in its S-1 registration statement, positions the aerospace giant as the seventh-largest Bitcoin holder among publicly traded companies, significantly surpassing previous estimates.
As of the end of March 2026, this amount overshadows projections made by leading blockchain analytics firms, which had calculated SpaceX's Bitcoin assets to be about 8,285. The company's Bitcoin acquisition strategy commenced in early 2021, coinciding with similar investments made by Elon Musk’s other major company, Tesla.
According to the filing, SpaceX acquired Bitcoin at an average price of around $35,320 per coin. This robust investment comes as the company gears up for its IPO, scheduled for June 12, aiming to raise a staggering $75 billion with an overall valuation projected between $1.75 trillion and $2 trillion. Such a successful launch could redefine the capital markets landscape and enable significant funding for a range of ambitious projects, including Starlink, orbital data centers, and the potential colonization of Mars.
With this latest data, SpaceX stands distinct in the public sector, overtaking Tesla, which holds a comparatively modest 11,509 Bitcoin. The timing of SpaceX's IPO is crucial, as it seeks to tap into what the company refers to as the largest addressable market in 'human history,' estimated to encompass opportunities worth an astonishing $28.5 trillion, intersecting sectors of AI, space exploration, and global connectivity.
As interest in cryptocurrency continues to surge, SpaceX's dual positioning in aerospace and digital assets presents a unique investment opportunity for speculators and long-term investors alike. With its filing igniting discussions across financial markets, all eyes will be on SpaceX as it embarks on this groundbreaking public venture.
Source: Cointelegraph