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SpaceX Heads Into Historic IPO With a $1.45 Billion Bitcoin Treasury on Its Books

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Micah Zimmerman.

SpaceX has filed for a historic IPO, revealing it holds 18,712 BTC worth about $1.45 billion, positioning it among the largest corporate Bitcoin holders as it prepares to list on Nasdaq.

Key facts

Summary

SpaceX filed its long-awaited S-1 with the Securities and Exchange Commission Wednesday, and it is bringing a substantial Bitcoin position into the public markets. The Elon Musk-led aerospace company holds 18,712 BTC, valued at approximately $1.45 billion, according to the S-1. That stake makes SpaceX the seventh-largest known corporate Bitcoin holder in the world, ahead of Coinbase. SpaceX’s Bitcoin journey dates to 2021, when Musk added the cryptocurrency to the company’s financial assets around the same time Tesla made its own $1.5 billion purchase.

#SpaceX #Tesla #Elon Musk #Bitcoin #U.S. Treasury #Coinbase