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SpaceX IPO Filing Shows Elon Musk’s Company Holds More Bitcoin Than Tesla
Elon Musk’s SpaceX (SPCX) will be among the world’s largest corporate Bitcoin (BTC) holders after its anticipated public listing in June, with the company expected to rank eight among public companies by BTC balance. The initial public offering (IPO) filing with the U.S. Securities and Exchange Commission (SEC) showed that SpaceX held 18,712 Bitcoin as of March 31. The company spent around $661 million to acquire the BTC, valued at around $1.29 billion at the end of the first quarter (Q1), down from around $1.64 billion at the end of 2025 due to Bitcoin’s recent price decline. At Bitcoin’s current price of ... (full story)