- SpaceX revealed ownership of 18,712 BTC in its IPO filing, with the holdings valued at approximately $1.18 billion.
- The company’s reported average Bitcoin acquisition cost is around $35,000 per BTC, well below current market levels.
- Combined with Tesla’s holdings, Elon Musk-linked companies control more than 30,000 Bitcoin worth about $1.9 billion.
SpaceX disclosed ownership of 18,712 Bitcoin in its SEC filing as part of its public market debut, revealing one of the largest corporate Bitcoin holdings to date. The disclosure came through the company’s S-1 filing during its IPO process and places the Elon Musk-founded firm among the largest public Bitcoin holders globally, with the position valued at about $1.18 billion at current prices.
Bitcoin Position Emerges In Public Filing
According to the filing, SpaceX holds 18,712 BTC, making it the eighth-largest public holder of Bitcoin. Based on a Bitcoin price near $63,000, the company’s digital asset holdings carry an estimated market value of roughly $1.18 billion.
The disclosure arrived alongside SpaceX’s public listing. Notably, SEC requirements required the company to provide detailed financial information, including balance sheet assets.
The filing also showed that the Bitcoin position has remained on the company’s balance sheet for some time. Furthermore, the reported average acquisition cost stands near $35,000 per Bitcoin.
That cost basis places the holdings significantly above purchase value at current market prices. However, the filing focused on the asset position rather than future treasury plans.
Musk Companies Hold More Than 30,000 BTC
The disclosure also puts focus on Bitcoin holdings across Elon Musk’s business empire. Tesla currently holds 11,509 Bitcoin, according to the information provided.
Combined, SpaceX and Tesla control 30,221 BTC. At current prices, those holdings are worth approximately $1.9 billion.
As a result, the combined position would rank among the largest public corporate Bitcoin holdings if viewed together. Meanwhile, Musk is expected to retain a controlling ownership stake following the IPO.
SpaceX IPO Draws Market Attention
The public offering ranks among the largest IPOs on record. SpaceX priced shares at $135 and raised approximately $75 billion.
The offering valued the company at roughly $1.75 trillion. Investors focused on several business segments, including Starlink, reusable rockets, Starship development, and space-related infrastructure projects.
Recent revenue reportedly ranged between $18 billion and $20 billion. However, the company also reported operating losses, reflecting ongoing investment in expansion and development.
The IPO filing now provides investors with a clearer view of SpaceX’s financial position, including its previously undisclosed Bitcoin reserves.
