SpaceX · Elon Musk · Bitcoin · CryptoSlate
Post-IPO regulatory filings revealed that SpaceX maintains a corporate treasury reserve of 18,712 Bitcoin
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If the two firms were to merge, they would rank as the 5th largest public corporate holder of the top cryptocurrency.
Key facts
- Underwriters initially priced the offering at $135 per share, successfully raising $75 billion before the open
- Musk’s $1.11 trillion paper fortune comfortably exceeds the estimated $880 billion market capitalization of all alternative cryptocurrencies tracked by TradingView’s TOTAL2 index
- Even under broader metrics from data provider CoinGecko, which values the total crypto market near $2.27 trillion and Bitcoin at $1.28 trillion, the remaining altcoin sector sits below the SpaceX
- Post-IPO regulatory filings revealed that SpaceX maintains a corporate treasury reserve of 18,712 Bitcoin, an allocation valued at more than $1.3 billion
Summary
01 Elon Musk became the first modern person to top $1 trillion in net worth after SpaceX's public debut. 02 His $1.11 trillion fortune now exceeds crypto market value excluding Bitcoin, highlighting wealth concentration and shrinking altcoin valuations. 03 The milestone still hinges on equity prices, while Musk's firms hold Bitcoin and his public links to digital assets remain active. Elon Musk has become the first person in modern history to amass a personal net worth exceeding $1 trillion, crossing the historic threshold on Friday following the record-breaking public market debut of SpaceX. Billionaires Index, the technology executive’s total fortune now stands at $1.11 trillion.