SpaceX Files for IPO, Discloses $1.45B in Bitcoin Holdings
SpaceX officially filed its S-1 with the SEC on Wednesday, revealing plans for what could become the largest IPO in history. The filing discloses that the company holds 18,712 BTC with a fair value of $1.45 billion, purchased for $661 million, representing a more than 100% gain. SpaceX targets a $1.75 trillion valuation with an $80 billion raise, with roadshow starting June 4 and Nasdaq listing on June 12 under ticker SPCX. The company generated $18.5 billion in revenue in 2025, with Starlink accounting for 45% and growing faster than the launch business. Additionally, Anthropic is under contract to pay SpaceX $1.25 billion per month for compute through 2029. This disclosure marks one of the largest corporate bitcoin holdings ever made public during an IPO filing.
Key facts
- SpaceX files S-1 for IPO, targeting $1.75T valuation and $80B raise
- Discloses holding 18,712 BTC worth $1.45B, bought for $661M
- Revenue of $18.5B in 2025, with Starlink making up 45%
- Anthropic to pay $1.25B per month for compute through 2029