SpaceX, that daring company that sends rockets but still forgets to pay rent in cash, has finally decided to confidant itself to the SEC that it owns a princely sum of bitcoin-$1.293 billion, no less. Imagine the thrill of seeing that number in the filing form, like a secret dessert left in your shared account.
It is the first moment the space‑louvers have publicly admitted that they stash digital gold in the deep vault of their balance sheet. The guesswork that clung to those numbers until now has evaporated into a clean bulletin, and it tells us that the company’s crypto whips are genuinely tender.
SpaceX’s BTC Portfolio: A Celestial Portfolio
The filing spells out that the company owns 18,712 BTC, acquired at an average of roughly $35,324 each-a modest $661 million of humanity’s favourite whale. By the end of March 2026, that pile had ballooned to $1.293 billion, a gain of nearly 119%, and that is a respectable Bitcoin rush even for the most seasoned of sharks.
“The company has ownership of and control over its digital assets, which consists of Bitcoin, and utilizes, and expects to continue to utilize third‑party custodians to hold its Bitcoin,” the filing read, a bit of corporate modesty wrapped in legalese.
Elon had already been all over social media, hinting at crypto mooches, but today the aerospace titan finally lays the receipts on the table. Until now, rumor mongers had assigned 8,285 BTC to the firm by tracking Arkham‑linked wallets. The reveal lifts SpaceX into corporate bitcoin‑possession echelons-superior to Tesla, and it grazes the seventh spot in the global pantheon of bitcoin holders.
Meanwhile, the sterling firm Strategy remains the top dog with 843,738 BTC in its hoard, after buying a staggering 24,869 BTC for billions in a single swoop.
SpaceX’s IPO: A Luxury Shotgun To the Public Market
SpaceX is polishing its public offering sleeker than a chrome spaceship. They expect to raise a colossal $75 billion on the Nasdaq under the ticker SPCX next month, with a valuation projected between $1.75 trillion and $2 trillion. Had the “startup” succeeded in warping into the public ledger, it would have eclipsed both the Saudi Aramco IPO and the world record for a debut, the thing that usually makes people gasp.
In the prospectus, the company paints a broad $28.5 trillion market of opportunities to match its repeated business model. Even after the IPO, Musk will retain a commanding 85.1% of voting power, ensuring he still has the steering wheel, the ancient seat, and the lemon‑scented ivories- yes, I am repeating in light irony, but you can imagine a metaphor here.
Last year Circle’s IPO drew headlines with a lavish $1 billion raise, with Block, ARK, and BlackRock lining up to over‑subscribe by more than twenty‑five times- a testament that the crypto aficionados are hungry for such ventures.
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2026-05-24 19:44