SpaceX revealed it held 18,712 Bitcoin worth $1.29 billion at the end of Q1, according to new IPO documents filed with the U.S. SEC. The company, led by Elon Musk, is preparing for a public listing that could be valued between $1.5 trillion and $2 trillion.
The filing gives investors a rare look at SpaceX’s finances before the expected IPO next month. With current Bitcoin prices, the company’s crypto holdings are now worth about $1.45 billion. This puts SpaceX among a few major companies with large Bitcoin reserves, along with Tesla and Strategy.
SpaceX reported 2025 revenue of $18.7 billion, up from $14 billion the year before. Investors are expected to stay interested because of the company’s lead in reusable rockets and satellite internet with Starlink.
The filing also noted SpaceX’s growing focus on artificial intelligence, calling AI and space technology possible trillion-dollar opportunities.
The IPO could be another milestone for Bitcoin adoption in corporate finance. Still, analysts think new listings from SpaceX, OpenAI, and Anthropic might temporarily draw investor money away from crypto markets as traders move funds into big tech IPOs.
LATEST: 💰 SpaceX’s IPO filing reveals it held 18,712 Bitcoin, worth $1.44 billion, on its balance sheet as of Q1, as it plans for what could be the largest IPO in history. pic.twitter.com/f4W5EQ8I1H
— CoinMarketCap (@CoinMarketCap) May 21, 2026
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