Houston, we have a hodler.
SpaceX just dropped a bombshell in its IPO filing: the rocket giant is sitting on 18,712 Bitcoin—a cool $1.45 billion stash that no one saw coming .
The figure is more than double what blockchain sleuths had pegged. Tracking firms like Arkham estimated SpaceX held just 8,285 BTC. The S-1 filing revealed they were off by over 10,000 coins .
So what’s the story? SpaceX began buying Bitcoin back in 2021 alongside Tesla, accumulating the position at an average cost of roughly $35,320 per coin. Total investment: about $661 million. Current paper gain? Nearly $800 million .
The disclosure makes SpaceX the seventh-largest corporate Bitcoin holder globally, leapfrogging Tesla’s 11,509 BTC. Combined, Musk’s companies now hold over 30,000 Bitcoin—worth roughly $2.3 billion .
For investors eyeing SpaceX’s June 12 Nasdaq debut under ticker SPCX, the math just got more interesting. Buying shares means getting indirect Bitcoin exposure alongside rockets, satellites, and Starlink revenue. One stock ticker, one ticket to the moon .
The takeaway? While Wall Street debated whether corporate Bitcoin treasuries made sense, SpaceX quietly accumulated one of the largest in the world—and sat through two full market cycles without flinching .
Turns out the company that lands rockets has diamond hands too.