SpaceX has revealed in a brand new S-1 registration assertion with the U.S. Securities and Change Fee (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 Place
In SpaceX’s submitting, the corporate says it holds 18,712 BTC, which it bought at a mean value 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 acquire of almost 119%.
“The corporate has possession of and management over its digital property, 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 property via his frequent social media commentary for years. Nonetheless, this submitting marks the primary time the aerospace large has formally acknowledged holding BTC. Till now, estimates of the agency’s holdings had been principally speculative, with analysts monitoring Arkham-linked wallets placing 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. In keeping with knowledge from BitcoinTreasuries.web, the previous now ranks seventh globally, whereas the latter sits in thirteenth place with holdings of 11,509 BTC.
Elsewhere, Technique stays the biggest BTC treasury firm, with the agency lately making a multi-billion greenback buy of 24,869 BTC, bringing its total 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 below the ticker SPCX subsequent month. The corporate is aiming to lift 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 presently holds the report for the largest debut ever.
The aerospace agency mentioned in its Wednesday prospectus that it sees a complete addressable market of about $28.5 trillion, with its technique centered on figuring out alternatives that match this below its repeatable enterprise mannequin. The doc additionally exhibits that Musk will maintain 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.
In the meantime, Circle’s IPO made headlines final yr 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 traders, with companies like ARK Funding and BlackRock contributing to its shares being oversubscribed by greater than 25 instances.
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