TLDR Tech / Crypto
SpaceX Holds 18,712 BTC Worth $1.29B in Q1
SpaceX's S-1 filing with the SEC discloses 18,712 BTC with a Q1 2026 fair value of $1.29 billion, closer to $1.45 billion at prices above $77,000. The company targets a June IPO at a $1.5 to $2 trillion valuation, which would surpass Saudi Aramco's $29.4 billion raise as the largest IPO on record and place SpaceX among the 10 most valuable public companies. SpaceX's BTC position exceeds Musk's Tesla holdings of 11,509 BTC and registers as a notable corporate treasury allocation, though MicroStrategy's 843,738 BTC remains the corporate benchmark by a factor of 45x.
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