SpaceX Reveals How Much Bitcoin (BTC) It Owns
SpaceX has revealed in a brand new S-1 registration assertion with the U.S. Securities and Exchange Commission (SEC) that it owns $1.293 billion in Bitcoin (BTC) on its steadiness sheet.
The disclosure is the primary time the corporate has publicly shared particulars about its crypto treasury forward of its IPO.
SpaceX Discloses Its BTC Position
In SpaceX’s submitting, the corporate says it holds 18,712 BTC, which it bought at a mean price of round $35,324 per BTC for a complete of round $661 million. As of March 31, 2026, the honest worth of these holdings stood at $1.293 billion, with an unrealized achieve of practically 119%.
“The firm has possession of and management over its digital belongings, which consists of Bitcoin, and makes use of, and expects to proceed to make the most of third-party custodians to carry its Bitcoin,” learn the submitting.
Elon Musk has publicly hinted at his firm’s curiosity in digital belongings via his frequent social media commentary for years. However, this submitting marks the primary time the aerospace large has formally acknowledged holding BTC. Until now, estimates of the agency’s holdings had been principally speculative, with analysts monitoring Arkham-linked wallets putting the determine at round 8,285 BTC.
The revelation locations SpaceX among the many largest company holders of BTC worldwide, surpassing Tesla’s personal reserves. According to information from BitcoinTreasuries.internet, the previous now ranks seventh globally, whereas the latter sits in thirteenth place with holdings of 11,509 BTC.
Elsewhere, Strategy stays the most important BTC treasury firm, with the agency not too long ago making a multi-billion greenback buy of 24,869 BTC, bringing its whole stash to 843,738 BTC.
SpaceX’s Upcoming IPO
SpaceX is preparing for its much-anticipated IPO, which it plans to checklist on the Nasdaq underneath the ticker SPCX subsequent month. The firm is aiming to boost about $75 billion, with a valuation that’s anticipated to fall between $1.75 trillion and $2 trillion. If profitable, the providing would surpass the Saudi Aramco IPO from 2019, which raised $29.4 billion and at present holds the file for the largest debut ever.
The aerospace agency stated in its Wednesday prospectus that it sees a complete addressable market of about $28.5 trillion, with its technique targeted on figuring out alternatives that match this underneath its repeatable enterprise mannequin. The doc additionally reveals that Musk will hold about 85.1% of the voting energy after the itemizing, that means that he’ll nonetheless have robust management over key firm choices even after it turns into a public entity.
Meanwhile, Circle’s IPO made headlines final 12 months within the crypto area, because the USDC issuer raised over $1 billion in its public debut. The providing additionally acquired a lot of curiosity from main buyers, with companies like ARK Investment and BlackRock contributing to its shares being oversubscribed by greater than 25 occasions.
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