SpaceX has filed an S-1 with the U.S. Securities and Exchange Commission, planning its initial public offering next month with a valuation exceeding $1.5 trillion, positioning it to rank among the top ten most valuable publicly traded companies globally. The filing reveals that, as of March 31, SpaceX held 18,700 bitcoins, with a fair value of approximately $1.29 billion, and holds a dominant position in reusable rocket launches and Starlink satellite internet.
SpaceX plans a $1.5 trillion IPO and holds 18,700 BTC
AiCoinShare
Summary
SpaceX is set to launch a $1.5 trillion IPO next month after filing an S-1 with the SEC. The company reported holding 18,700 BTC as of March 31, valued at approximately $1.29 billion. Today’s BTC news highlights the increasing crypto exposure of major tech firms. Known for reusable rocket launches and Starlink, SpaceX continues to expand its presence in space and finance. The latest BTC update underscores the company’s substantial digital asset holdings.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.