The aerospace firm’s proposed offering would rank among history’s largest, introducing its $1.29 billion bitcoin treasury to public markets.
SpaceX has filed for an initial public offering aiming to raise $75 billion at $135 per share, valuing the company at approximately $1.75 trillion. The deal would sell 555.6 million shares, making it one of the largest IPOs on record.
The offering would bring SpaceX’s 18,712-bitcoin treasury, currently worth $1.29 billion, into public markets, exposing shareholders to indirect crypto exposure. Analysts are assessing potential capital shifts between tech and crypto sectors amid a wave of megacap listings.
The filing marks a milestone for Elon Musk’s privately held aerospace and satellite business, with implications for liquidity and risk allocation across markets.