<p><strong>SpaceX</strong>, the space exploration company led by <strong>Elon Musk</strong>, disclosed in its IPO filing on Wednesday that it holds more than $1 billion in <strong>Bitcoin</strong> (CRYPTO: BTC) on its balance sheet.</p>



<h2>More Details About BTC’s Reserves</h2>



<p>The company disclosed 18,712 BTC on hand as of March 31, recognized at a fair value of $1.29 billion. At current prices, this stash would be worth $1.45 billion.</p>



<p>The total cost basis of these holdings was reported at $661 million, implying an average acquisition cost of around $35,324 per BTC. </p>



<p>“The Company has ownership of and control over its digital assets, which consist of Bitcoin, and utilizes, and expects<br/>to continue to utilize third-party custodians to hold its Bitcoin,” the filing read.</p>



<div>


<p>
<strong>
Read Also:

A $25K Ticket Into SpaceX? Elon Musk's Rocket Giant Has A Growing Shadow Market
</strong>
</p>


</div>


<h2>SpaceX Joins Tesla</h2>



<p>SpaceX's Bitcoin holdings have attracted significant attention, with on‑chain data often indicating transfers. The latest filing added a stamp of confirmation. </p>



<p>Notably, Musk's other company, <strong>Tesla Inc.</strong> (NASDAQ:TSLA), also owns a large Bitcoin position—11,509 BTC, currently worth more than $895 billion, according to on-chain data. Unlike SpaceX's filing, Tesla's quarterly reports do not explicitly mention Bitcoin.</p>



<p>Musk said last year that Bitcoin is based on “energy,” categorizing it among &#34;fundamental&#34; currencies.</p>



<h2>An IPO Tsunami Ahead</h2>



<p>This disclosure comes as SpaceX gears up for its long-awaited IPO, which is expected to be the largest in market history. The company plans to list on the Nasdaq under the ticker SPCX.</p>



<p>SpaceX is reportedly planning to raise around $75 billion at a valuation of nearly $1.75 trillion, a move that would make it the largest stock-market flotation in history</p>



<p><strong>Price Action</strong>: At the time of writing, BTC was exchanging hands at $77,963.82, up 6.02% in the last 24 hours, according to data from Benzinga Pro.<br/></p>



<div>


<p>
<strong>
Read Also:

The 'Elon Musk Effect' Could Send SpaceX Stock Into Wild Swings After IPO Even If Starlink Makes 'Billions' In Profit, Warns Expert
</strong>
</p>


</div>


<p><em>Photo Courtesy: IAB Studio on Shutterstock.com</em></p>

COIN

MARA

RIOT

<p>SpaceX, led by Elon Musk, revealed in its IPO filing that it holds over $1 billion in Bitcoin, specifically 18,712 BTC valued at $1.29 billion as of March 31. The total cost basis for these holdings is $661 million. This disclosure comes as SpaceX prepares for a historic IPO, aiming to raise around $75 billion at a valuation of nearly $1.75 trillion.</p>

- SpaceX disclosed in its IPO filing that it holds over $1 billion in Bitcoin, with 18,712 BTC recognized at a fair value of $1.29 billion as of March 31.  
- The company's total cost basis for these holdings is reported at $661 million, implying an average acquisition cost of around $35,324 per BTC.  
- This comes as SpaceX prepares for an anticipated IPO aiming to raise approximately $75 billion, potentially becoming the largest stock-market flotation in history.

benzinga_article

Coinbase

Mara

Riot Platforms

Hut 8 Mining

Strategy

Grayscale Bitcoin Trust BTC - ETF

SpaceX

Fidelity Wise Origin Bitcoin Fund - ETF

GraniteShares 2x Long MSTR Daily ETF

GraniteShares 2x Long MARA Daily ETF

Defiance Leveraged Long + Inc MSTR ETF

Leverage Shares 2X Long COIN Daily ETF

Roundhill MSTR WeeklyPay ETF

GraniteShares 2x Long COIN Daily ETF

ARK 21Shares Bitcoin ETF

Bitwise Bitcoin ETF

Invesco Galaxy Bitcoin ETF

T-REX 2X Long MSTR Daily Target ETF

Direxion Daily Crypto Industry Bull2XETF

VanEck Bitcoin ETF

WisdomTree Bitcoin Fund

Roundhill COIN WeeklyPay ETF

ProShares Bitcoin Strategy ETF

Bitwise MARA Option Income Strategy ETF

Franklin Bitcoin ETF

Leverage Shares 2x Cpd Acclrtd MSTRMnETF

iShares Bitcoin Trust ETF

CoinShares Bitcoin ETF

Daily Target 2X Long MSTR ETF

Tesla

SpaceX Reveals $1 Billion Bitcoin Holdings Ahead Of Historic IPO — Here's How Much The Elon Musk-Led Company Paid For Its Coins