SpaceX’s S-1 filing discloses 18,712 BTC valued at $1.29 billion as the firm prepares for a record $1.5 trillion IPO.
SpaceX disclosed holdings of 18,712 bitcoin, valued at $1.29 billion as of March 31, 2026, in its S-1 filing for an upcoming initial public offering. The company seeks a valuation exceeding $1.5 trillion, which would rank it among the top 10 most valuable public firms globally.
The filing reveals a cost basis of $661 million for the bitcoin, with fair values of $1,293 million and $1,637 million as of March 31, 2026, and December 31, 2025, respectively. SpaceX’s IPO, expected next month, could become the largest in history, further elevating Elon Musk’s net worth.
SpaceX’s dominant positions in reusable rocket launches and Starlink satellite internet underpin its valuation. The bitcoin holdings add a significant asset class to its balance sheet ahead of the public debut.