Elon Musk's SpaceX holds 18,712 bitcoin at fair value of $1.29 billion, IPO filing shows

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Elon Musk's SpaceX holds 18,712 bitcoin at fair value of $1.29 billion, IPO filing shows The rocket and satellite company is looking to go public at a valuation of more than $1.5 trillion. By Helene Braun , AI Boost | Edited by Aoyon Ashraf May 20, 2026, 9:32 p.m. 2 min read Make preferred on (Kirsty Wigglesworth - WPA Pool/Getty Images) What to know : SpaceX has filed its S-1 with the Securities and Exchange Commission, confirming plans for an initial public offering expected next month that could be the largest in history. The company is reportedly seeking a valuation of more than $1.5 trillion, which would place it among the 10 most valuable publicly traded firms globally and further boost Elon Musk’s net worth. SpaceX’s filing highlights its dominant positions in reusable rocket launches and Starlink satellite internet, as well as its sizable bitcoin holdings of 18,712 BTC, at fair value of $1.29 billion, as of March 31. SpaceX officially confirmed plans to go public on Wednesday, setting the stage for what could become the largest initial public offering in history and potentially push CEO Elon Musk toward becoming the world’s first trillionaire. The rocket and satellite internet company filed its S-1 registration statement with the U.S. Securities and Exchange Commission, giving investors their first detailed look inside one of the world’s most valuable private firms ahead of a planned IPO expected next month. SpaceX currently holds 18,712 bitcoin BTC $ 77,554.61 on its balance sheet, as of March 31, at a fair value of $1.29 billion, according to the filing. The company's bitcoin holdings were valued at $1.64 billion as of Dec. 31, 2025. "As of March 31, 2026 and December 31, 2025, the Company also held 18,712 units of Bitcoin with a cost basis of $661 million and fair value of $1,293 million and $1,637 million, respectively," the filing said. At the current spot price of $77,526, the holdings would be valued at about $1.45 billion. The holding places the company among a small group of major corporations with significant bitcoin holdings. Musk's other company, Tesla, holds 11,509 bitcoin in its balance sheet, according to BitcoinTreasuries data . Michael Saylor's Strategy currently holds the largest with 843,738 bitcoin. SpaceX's BTC holdings (SpaceX filing) SpaceX is reportedly seeking a valuation of more than $1.5 trillion, with reports of a potential $2 trillion . If successful, the company would immediately rank among the 10 most valuable publicly traded companies in the world, alongside Apple, Microsoft and Nvidia. If it hits the upper end of the valuation, the listing could also surpass Saudi Aramco’s 2020 debut as the largest IPO ever. The Saudi oil giant raised $29.4 billion from investors in its public offering, valuing it at about $1.7 trillion . Investor interest is expected to be strong because of SpaceX’s dominant position in both commercial rockets and satellite-based internet through its Starlink business. The company has built a major lead over competitors with reusable launch systems and a rapidly expanding global satellite network. The S-1 filing offers a rare look at SpaceX’s finances, including revenue growth, capital spending, legal risks and ownership structure. Investors had closely watched the filing for clues about how much voting power Musk would retain after the company became public. The firm had 2025 revenue of $18.7 billion, up from $14 billion in 2024, the filing shows. Musk already controls Tesla, xAI and social media platform X, making SpaceX one of the most anticipated technology listings in years. For SpaceX, Musk will be its CEO, Chief Technical Officer and Chairman of the board. The IPO would also mark another milestone in bitcoin adoption in corporate finance, as large technology companies continue to add digital assets to their balance sheets. SpaceX Elon Musk AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . More For You Securitize remains in the red even as record quarter fuels public listing plans By Helene Braun , AI Boost | Edited by Stephen Alpher 2 hours ago The tokenization platform reported record quarterly revenue but continued to post losses as it invested in growth and public-company preparations tied to its merger with Cantor Equity Partners II. What to know : Securitize reported record first-quarter revenue of $19.5 million, up 39% from a year earlier, driven largely by rapid growth in its asset-servicing business. The company remains unprofitable, with its net loss widening to $7.9 million as it increases spending ahead of a planned public listing via a SPAC merger with... Read full story Latest Crypto News Securitize remains in the red even as record quarter fuels public listing plans 2 hours ago Latest Congressional swing at crypto tax reform would direct IRS to review de minimis exemptions 3 hours ago Prediction markets firms take heat in Senate Commerce hearing scrutinizing surge 4 hours ago Crypto custody firm Copper is looking to sell the company for $500 million 4 hours ago The Protocol: Ethereum Foundation's high-profile departures spark fresh debate 4 hours ago Why Trump's bitcoin ETF plans likely collapsed before getting off the ground 4 hours ago Top Stories Live markets: SpaceX files for massive IPO as Nvidia earnings beat Street expectations 7 hours ago South Korean funeral company reveals $33 million loss on leveraged ether ETF bet 6 hours ago Crypto campaign cash from Fairshake flooded Southern primaries, picked winners 6 hours ago Telegram group at center of Jane Street insider-trading allegations in Terra collapse 9 hours ago These bitcoin metrics suggest February’s $60,000 selloff may have marked the bottom 9 hours ago Vitalik Buterin outlines Ethereum's privacy measures. Here is what it means for the network and ETH 7 hours ago In this article BTC BTC $ 77,554.61 ◢ 0.81 %