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SpaceX Reveals $1.45 Billion Bitcoin Holdings Ahead of Historic IPO
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SpaceX Reveals $1.45 Billion Bitcoin Holdings Ahead of Historic IPO

Elon Musk’s aerospace company SpaceX has disclosed a much larger Bitcoin position than previously estimated, revealing ownership of 18,712 BTC worth around $1.45 billion in a new regulatory filing ahead of its expected public listing.

Tristan R.
By Tristan R.

Senior Author · May 21, 2026

2 min
Key takeaways
Elon Musk’s aerospace company SpaceX has disclosed a much larger Bitcoin position than previously estimated, revealing ownership of 18,712 BTC worth around $1.45 billion in a new regulatory filing ahead of its expected public listing.
SpaceX Bitcoin Holdings Exceed Previous Estimates According to SpaceX’s S-1 registration filing for its planned public offering, the company accumulated Bitcoin at an average purchase price of $35,320 per coin .
The disclosure surprised market watchers because blockchain tracking platforms had estimated SpaceX held only about 8,285 BTC .

Elon Musk’s aerospace company SpaceX has disclosed a much larger Bitcoin position than previously estimated, revealing ownership of 18,712 BTC worth around $1.45 billion in a new regulatory filing ahead of its expected public listing.

SpaceX Bitcoin Holdings Exceed Previous Estimates

According to SpaceX’s S-1 registration filing for its planned public offering, the company accumulated Bitcoin at an average purchase price of $35,320 per coin. The disclosure surprised market watchers because blockchain tracking platforms had estimated SpaceX held only about 8,285 BTC.

SpaceX’s Bitcoin holdings as of Dec. 31, 2025: SEC

The updated figure places SpaceX among the largest corporate Bitcoin holders, ranking approximately seventh among public companies once the firm officially lists.

The filing also showed that SpaceX now holds significantly more Bitcoin than Tesla, which reportedly owns 11,509 BTC.

SpaceX Began Buying Bitcoin in 2021

SpaceX started accumulating Bitcoin in early 2021, around the same period Tesla entered the cryptocurrency market under Elon Musk’s leadership. The latest filing suggests the company continued holding its position despite multiple market downturns.

BitcoinTreasuries.NET data shows that SpaceX only holds 8,285 Bitcoin on its balance sheet: BitcoinTreasuries.NET

SpaceX IPO Could Increase Bitcoin Market Exposure

SpaceX is expected to go public on June 12, 2026, with reports suggesting it could raise roughly $75 billion at a valuation between $1.75 trillion and $2 trillion, potentially making it one of the largest IPOs ever.

For investors, the listing may offer indirect exposure to Bitcoin alongside SpaceX’s aerospace, satellite internet, AI, and future space exploration businesses.

SpaceX Targets Massive Growth Opportunity

In its filing, SpaceX described its long term opportunity across AI, space technology, and global connectivity as a market potentially worth $28.5 trillion, highlighting ambitions that include Starlink expansion, orbital data centers, and Mars-related projects.

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Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

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About the author

Tristan R.
Tristan R.

8+ years covering crypto markets, macro, and geopolitics. Previously at Decrypt and CoinDesk. Focused on the intersection of digital assets and traditional finance.