SpaceX’s SEC filing reveals Bitcoin holdings exceeding Tesla’s, as the firm seeks a record $75 billion IPO with a $1.75 trillion to $2 trillion valuation.
SpaceX plans to raise $75 billion in its upcoming IPO, aiming for a valuation between $1.75 trillion and $2 trillion. The filing discloses larger Bitcoin holdings than previously estimated, surpassing Tesla’s 11,509 BTC. Analysts had pegged SpaceX’s holdings at 8,285 BTC, but the SEC document suggests a higher figure.
The company’s move into public markets follows Tesla’s 2021 Bitcoin investment and positions SpaceX as a key player in aerospace, AI, and cryptocurrency exposure. The IPO is expected to fund projects like Starlink and Mars colonization, targeting a $28.5 trillion addressable market.
SpaceX joins OpenAI and Anthropic as high-profile private firms eyeing 2026 public listings, potentially reshaping capital markets with its scale and diversified business model.