Home SpaceX Plans Record $75B IPO, Seeks $1.75T Valuation While Holding $1.29B In Bitcoin

SpaceX Plans Record $75B IPO, Seeks $1.75T Valuation While Holding $1.29B In Bitcoin

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SpaceX Plans Record $75B IPO, Seeks $1.75T Valuation While Holding $1.29B In Bitcoin
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SpaceX is getting ready for what could be one of the biggest public offerings ever, aiming to raise about $75 billion by selling shares at $135 each. This would value the company, led by Elon Musk, at around $1.75 trillion and bring one of the world’s largest private corporate Bitcoin holdings into public markets.

Regulatory filings show SpaceX plans to sell over 555 million shares in the offering. If the IPO goes ahead at this value, it would be one of the largest ever and mark a big milestone for the company behind Starlink and reusable rockets.

Crypto investors are interested in the listing because SpaceX owns about 18,712 Bitcoin, worth around $1.29 billion. After going public, buying SpaceX shares would give investors indirect exposure to its Bitcoin holdings, adding another way to invest in the cryptocurrency through the stock market.

There is renewed speculation about Elon Musk’s wider crypto holdings. Reports of possible cooperation between SpaceX and Tesla have drawn attention, since Tesla also has a large Bitcoin reserve. While no merger is planned, investors are watching how these combined holdings could affect public markets.

The IPO could have effects beyond Bitcoin exposure. Analysts think this huge fundraising could compete for investment with tech stocks, AI startups, and digital assets. With other big offerings like OpenAI and Anthropic possibly coming soon, some worry that investor money might move away from crypto for a while.

Still, the planned listing highlights how traditional capital markets and digital assets are coming together, especially as more big companies hold Bitcoin on their balance sheets.

 

Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV

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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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