Elon Musk led SpaceX reveals secret $1.45 billion Bitcoin fortune before historic IPO: What else is hidden? Details here
Nancy Jaiswal | May 22, 2026, 13:21 IST
SpaceX’s IPO filing has revealed the company holds 18,712 Bitcoin worth over $1.45 billion, alongside ambitious plans tied to Elon Musk’s future vision for Mars, AI infrastructure and the company’s upcoming Nasdaq listing that could value SpaceX at nearly $1.25 trillion.
Image credit : Indiatimes | SpaceX reveals massive Bitcoin holdings before IPO
SpaceX has disclosed a major cryptocurrency reserve as the company moves toward what could become one of the biggest public offerings in financial market history. Recent filings connected to the company’s planned IPO revealed that Elon Musk-led SpaceX currently owns a large amount of Bitcoin, adding another significant financial layer to the aerospace company ahead of its expected Nasdaq debut.
The filing also offered fresh details about Musk’s long-term compensation structure, SpaceX’s valuation goals and how deeply cryptocurrency remains connected to Musk’s broader business strategy.
According to SpaceX’s S1 filing submitted to the US Securities and Exchange Commission, the company held 18,712 Bitcoin as of March 31, 2026. Based on Bitcoin trading at slightly above $77,600 at the time referenced in the filing, the company’s cryptocurrency holdings were valued at more than $1.45 billion.
The documents showed that SpaceX acquired the Bitcoin reserve for roughly $661 million in total. That places the company’s average purchase cost at approximately $35,320 per Bitcoin.
The filing indicated that SpaceX began accumulating Bitcoin in early 2021, around the same time Tesla also entered the cryptocurrency market under Elon Musk’s leadership.
Bitcoin was last trading close to the $35,000 level in November 2023. Reports from August that year had suggested that SpaceX sold a considerable portion of its holdings. However, the latest filing revealed the company still controls a far larger reserve than many estimates had previously suggested.
At current market prices, SpaceX’s Bitcoin investment has generated approximately $789 million in unrealised gains.
The newly disclosed figures also surpassed previous estimates from Arkham Intelligence and BitcoinTreasuries, both of which had estimated SpaceX’s holdings at between 8,280 and 8,285 Bitcoin.
Read More: Elon Musk vs Sam Altman: How OpenAI’s founders went from close allies to rivals in a massive legal battle
The Bitcoin disclosure came as part of a broader filing connected to SpaceX’s highly anticipated public offering. Reports indicate the company plans to list on the Nasdaq under the ticker symbol “SPCX.”
The IPO is expected to launch on June 12, 2026, with reports suggesting SpaceX could target a valuation of approximately $1.25 trillion. If achieved, it would place the offering among the largest IPOs ever seen on Wall Street.
The filing also confirmed that Elon Musk would continue serving as SpaceX’s chief executive officer, chief technical officer and chairman following the listing.
Ahead of the IPO, Musk also merged his artificial intelligence startup xAI with SpaceX, further linking his technology and space ventures together.
Analysts believe the valuation growth tied to SpaceX could potentially make Musk the world’s first trillionaire. Reports suggest his SpaceX stake alone could exceed $600 billion in value after the public listing.
The filing once again highlighted Elon Musk’s long-running involvement with digital currencies.
Apart from SpaceX’s holdings, Tesla also maintains a Bitcoin reserve. According to Tesla’s first-quarter filing, the automaker currently owns around 11,000 Bitcoin. At recent prices, those holdings are valued at roughly $900 million.
Earlier in 2025, Tesla reported that rising Bitcoin prices increased its income during the final quarter of 2024 by around $600 million.
Musk has also publicly supported Dogecoin over the years. In 2021, Tesla briefly accepted Bitcoin payments for vehicles. Musk has additionally claimed in the past that SpaceX would place a literal Dogecoin on the moon.
Despite the scale of SpaceX and Tesla’s cryptocurrency holdings, both companies remain behind the largest corporate Bitcoin holder. Business software company Strategy Inc reportedly owns more than 843,000 Bitcoin, with a value exceeding $64 billion.
The IPO filing also reinforced how closely SpaceX’s future plans remain tied to Musk’s long-term ambitions around space exploration.
The company’s Starship rocket program, including its latest version that could launch Thursday, has been specifically designed with Mars colonisation in mind.
The filings also revealed details of Musk’s bonus structure tied to future milestones. Part of his compensation package depends on SpaceX achieving stock market valuations ranging from $400 billion to $6 trillion. Another condition is linked to the long-term goal of moving one million people to Mars.
Read More: Fact check: Were 12 top tech CEOs really travelling with Donald Trump on Air Force One to China? Elon Musk reveals the truth
A separate performance target involves building orbital data centres capable of producing 100 terawatts of computing power annually.
The filing showed that even as SpaceX prepares for a historic stock market debut, the company continues tying its future growth to Musk’s broader goals around artificial intelligence, cryptocurrency and interplanetary expansion.
The filing also offered fresh details about Musk’s long-term compensation structure, SpaceX’s valuation goals and how deeply cryptocurrency remains connected to Musk’s broader business strategy.
SpaceX reveals multi-billion dollar Bitcoin holdings
Image credit : X/ElonMuskPDA | SpaceX’s IPO filing has revealed the company holds 18, 712 Bitcoin
The filing indicated that SpaceX began accumulating Bitcoin in early 2021, around the same time Tesla also entered the cryptocurrency market under Elon Musk’s leadership.
Bitcoin was last trading close to the $35,000 level in November 2023. Reports from August that year had suggested that SpaceX sold a considerable portion of its holdings. However, the latest filing revealed the company still controls a far larger reserve than many estimates had previously suggested.
At current market prices, SpaceX’s Bitcoin investment has generated approximately $789 million in unrealised gains.
The newly disclosed figures also surpassed previous estimates from Arkham Intelligence and BitcoinTreasuries, both of which had estimated SpaceX’s holdings at between 8,280 and 8,285 Bitcoin.
Read More: Elon Musk vs Sam Altman: How OpenAI’s founders went from close allies to rivals in a massive legal battle
IPO filing pushes SpaceX into Wall Street spotlight
The IPO is expected to launch on June 12, 2026, with reports suggesting SpaceX could target a valuation of approximately $1.25 trillion. If achieved, it would place the offering among the largest IPOs ever seen on Wall Street.
The filing also confirmed that Elon Musk would continue serving as SpaceX’s chief executive officer, chief technical officer and chairman following the listing.
Image credit : X/ElonMuskPDA | Elon Musk-led SpaceX currently owns a large amount of Bitcoin
Analysts believe the valuation growth tied to SpaceX could potentially make Musk the world’s first trillionaire. Reports suggest his SpaceX stake alone could exceed $600 billion in value after the public listing.
Musk’s long history with cryptocurrency
Apart from SpaceX’s holdings, Tesla also maintains a Bitcoin reserve. According to Tesla’s first-quarter filing, the automaker currently owns around 11,000 Bitcoin. At recent prices, those holdings are valued at roughly $900 million.
Earlier in 2025, Tesla reported that rising Bitcoin prices increased its income during the final quarter of 2024 by around $600 million.
Musk has also publicly supported Dogecoin over the years. In 2021, Tesla briefly accepted Bitcoin payments for vehicles. Musk has additionally claimed in the past that SpaceX would place a literal Dogecoin on the moon.
Despite the scale of SpaceX and Tesla’s cryptocurrency holdings, both companies remain behind the largest corporate Bitcoin holder. Business software company Strategy Inc reportedly owns more than 843,000 Bitcoin, with a value exceeding $64 billion.
SpaceX’s bigger vision beyond Bitcoin
The company’s Starship rocket program, including its latest version that could launch Thursday, has been specifically designed with Mars colonisation in mind.
Image credit : X/ElonMuskPDA | Elon Musk would continue serving as SpaceX’s chief executive officer
Read More: Fact check: Were 12 top tech CEOs really travelling with Donald Trump on Air Force One to China? Elon Musk reveals the truth
A separate performance target involves building orbital data centres capable of producing 100 terawatts of computing power annually.
The filing showed that even as SpaceX prepares for a historic stock market debut, the company continues tying its future growth to Musk’s broader goals around artificial intelligence, cryptocurrency and interplanetary expansion.
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