SpaceX becomes the 8th largest Bitcoin holder among public companies, holding 18,712 BTC

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ChainCatcher report: Elon Musk’s SpaceX has officially gone public, and its S-1 filing with the U.S. SEC revealed that it holds 18,712 BTC. At the current price of approximately $63,000, this Bitcoin holding is valued at around $1.18 billion, making SpaceX the eighth-largest corporate Bitcoin holder globally. SpaceX’s Bitcoin position has been on its balance sheet for some time, with an average purchase cost of about $35,000 per BTC, indicating substantial unrealized gains. Another of Musk’s publicly traded companies, Tesla, holds 11,509 BTC. Together, SpaceX and Tesla hold 30,221 BTC; if combined, their Bitcoin holdings would rank as the fifth-largest among public companies worldwide. SpaceX’s IPO provides indirect Bitcoin exposure to traditional investment portfolios and underscores growing corporate acceptance of Bitcoin as a treasury asset.

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