According to a report by Bloomberg, Musk's (Elon Musk) aerospace technology company SpaceX is pushing forward with plans for an initial public offering (IPO), aiming to raise over $30 billion, with a company valuation reaching $1.5 trillion. If successful, it could become the largest IPO in history.
Reports indicate that SpaceX's management and advisors are seeking to go public as soon as 'mid to late 2026', but the exact timing may still be adjusted based on market conditions and other factors, with the possibility of delaying until 2027.
According to two informed sources, SpaceX plans to use part of the funds raised from the IPO to invest in the development of a 'space data center', including purchasing the chips needed to operate these centers.
Amidst market discussions, on-chain data shows that SpaceX transferred over 1,021 bitcoins today (10), valued at approximately $94.5 million.
SpaceX(@SpaceX) just transferred out another 1,021 $BTC($94.48M), possibly to Coinbase Prime for custody.https://t.co/zW62EKM2RD pic.twitter.com/PwBIvD5RaR
— Lookonchain (@lookonchain) December 10, 2025
This is the 2nd large transfer of bitcoins by SpaceX this month and the 9th this year. According to statistics, SpaceX has transferred a total of 8,910 bitcoins this year, valued at approximately $924 million, all executed through the institutional-grade custody platform Coinbase Prime, so it is likely part of a wallet consolidation.
"IPO rumors have sparked heated discussions, and SpaceX has once again transferred 1,021 bitcoins". This article was first published on (Blockke).
