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SpaceX Launches 29 Starlinks As $573M Bitcoin Treasury Nears IPO

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SpaceX Launches 29 Starlinks As $573M Bitcoin Treasury Nears IPO
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SpaceX, the aerospace company majority-owned by Elon Musk, successfully deployed 29 Starlink internet satellites on March 19 via a Falcon 9 rocket launched from Cape Canaveral, Florida.

While the launch itself was routine for the world’s busiest launch provider, its significance extends well beyond satellite deployment.

SpaceX currently holds 8,285 Bitcoin (BTC) on its balance sheet, worth approximately $573.8 million at current prices. That makes it the 18th-largest corporate Bitcoin treasury globally, according to on-chain data verified by Arkham Intelligence.

SpaceX Launches 29 Starlinks As $573M Bitcoin Treasury Nears IPO

And with the company now widely expected to go public as early as June 2026, that Bitcoin stack is about to get a lot more attention.

Various outlets have pegged the expected valuation at around $1.75 trillion, which would place SpaceX comfortably in the top 10 most valuable public companies in the world.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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