Elon Musk's SpaceX held 18,712 bitcoin at fair value of $1.29 billion at end of Q1, IPO filing shows
Key takeaways
- The rocket and satellite company is looking to go public at a valuation of more than $1.5 trillion.
- The rocket and satellite internet company filed its S-1 registration statement with the U.S.
- SpaceX as of March 31 held 18,712 bitcoin BTC$77,306.98 on its balance sheet at a fair value of $1.29 billion, according to the filing.
The rocket and satellite company is looking to go public at a valuation of more than $1.5 trillion. By Helene Braun, AI Boost|Edited by Aoyon Ashraf, Stephen Alpher, Nikhilesh De Updated May 20, 2026, 10:01 p.m. Published May 20, 2026, 9:32 p.m. 3 min read Make preferred on (Kirsty Wigglesworth - WPA Pool/Getty Images)What to know: SpaceX has filed its S-1 with the Securities and Exchange Commission, confirming plans for an initial public offering expected next month that could be the largest in history.The company is reportedly seeking a valuation of more than $1.5 trillion, which would place it among the 10 most valuable publicly traded firms globally and further boost Elon Musk’s net worth.SpaceX’s filing highlights its dominant positions in reusable rocket launches and Starlink satellite internet, as well as its sizable bitcoin holdings of 18,712 BTC with a fair value of $1.29 billion, as of March 31.SpaceX officially confirmed plans to go public on Wednesday, setting the stage for what could become the largest initial public offering in history and potentially push CEO Elon Musk toward becoming the world’s first trillionaire.
The rocket and satellite internet company filed its S-1 registration statement with the U.S. Securities and Exchange Commission, giving investors their first detailed look inside one of the world’s most valuable private firms ahead of a planned IPO expected next month.
SpaceX as of March 31 held 18,712 bitcoin BTC$77,306.98 on its balance sheet at a fair value of $1.29 billion, according to the filing. Those holdings would be worth closer to $1.45 billion today, with bitcoin trading just above $77,000.