SpaceX Discloses $1.29 Billion Bitcoin Holdings in Landmark IPO Filing

• SpaceX held 18,712 Bitcoin worth $1.29 billion as of March 31, 2026, according to its S-1 filing.
• The holdings were acquired at an average cost basis of approximately $35,320 per BTC.
• The disclosure comes as the company pursues what could be one of the largest IPOs in history, with valuations potentially reaching $2 trillion.
• SpaceX’s Bitcoin position exceeds that of its sister company Tesla, highlighting divergent corporate strategies.

Elon Musk’s SpaceX has officially disclosed a substantial Bitcoin position in its SEC S-1 filing, marking a significant moment for corporate crypto treasury adoption. The aerospace giant reported holding 18,712 BTC with a fair value of $1.29 billion as of the end of Q1 2026.

At current prices around $77,000, the holdings are valued closer to $1.45 billion, reflecting unrealized gains on a cost basis of roughly $661 million, or about $35,320 per coin.

This revelation comes as SpaceX prepares for a potentially historic IPO, with market speculation pointing to a valuation as high as $2 trillion. The filing provides unprecedented transparency into the company’s finances, including its dominant position in reusable rockets and Starlink satellite services alongside its digital asset strategy.

SpaceX’s Bitcoin stash surpasses Tesla’s reported holdings of around 11,509 BTC, illustrating contrasting approaches within Musk’s ecosystem. While Tesla has periodically adjusted its crypto exposure, SpaceX appears committed to Bitcoin as a long-term treasury reserve.

Industry observers view this as a strong signal of institutional confidence. Corporate Bitcoin treasuries have grown in prominence, with companies treating BTC as a hedge against inflation and fiat devaluation. SpaceX’s move aligns with this trend, potentially encouraging other large firms to follow suit.

In a CoinDesk report, the disclosure was highlighted as exceeding previous on-chain estimates from firms like Arkham Intelligence, which had tracked lower figures.

Bitcoin’s role as a treasury asset continues to evolve, bolstered by such high-profile corporate endorsements. However, volatility remains a key consideration, as evidenced by broader market reactions to macroeconomic factors.

Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.

The post SpaceX Discloses $1.29 Billion Bitcoin Holdings in Landmark IPO Filing appeared first on Cryptopress.