How much Bitcoin does SpaceX, one of the largest privately held space companies owned by Elon Musk, actually own? Here are the figures. Continue Reading: How MuchHow much Bitcoin does SpaceX, one of the largest privately held space companies owned by Elon Musk, actually own? Here are the figures. Continue Reading: How Much

How Much Bitcoin Does SpaceX, Which Is Planning an IPO, Have? Here Are the On-Chain Data

2026/03/02 13:41
2 min read

The value of Elon Musk’s US-based private space company SpaceX’s Bitcoin holdings has fallen to approximately $545 million ahead of its planned initial public offering application.

According to data from the on-chain analytics platform Arkham Intelligence, the company holds approximately 8,285 BTC in its Coinbase Prime custody account. At current prices, the total value of these assets is approximately $545 million.

This figure represents a decrease of approximately $235 million, compared to the value of around $780 million in December. However, the data reveals that this decline is due to a correction in the Bitcoin price, not a sell-off. The amount of BTC held by the company has remained largely constant at around 8,300 units since the beginning of 2026.

Related News: Watch Out: Entering a Very Critical Week, Numerous Economic Developments and Altcoin Events Await Us - Here's the Day-by-Day, Hour-by-Hour List

SpaceX’s Bitcoin holdings have experienced significant fluctuations in value over the past years. At the end of 2021, with the peak in BTC prices, the company’s cryptocurrency holdings reached approximately $2 billion. This amount declined sharply during the bear market of 2022. Over the last two years, the total value has fluctuated between $400 million and $800 million.

On the other hand, it is reported that SpaceX plans to file a confidential initial public offering (IPO) application with the US Securities and Exchange Commission (SEC) as early as March, aiming to go public in June with a valuation exceeding $1.75 trillion. The company may aim to raise up to a maximum of $50 billion in funding.

Market analysts note that the company will be required to publicly disclose its cryptocurrency exposure after submitting its official S-1 application, and that future financial reports may show accounting effects on profit/loss due to Bitcoin price fluctuations. A similar situation previously arose for Tesla, where Bitcoin-related volatility in the company’s balance sheet drew attention in the markets.

*This is not investment advice.

Continue Reading: How Much Bitcoin Does SpaceX, Which Is Planning an IPO, Have? Here Are the On-Chain Data

Market Opportunity
Spacecoin Logo
Spacecoin Price(SPACE)
$0.007174
$0.007174$0.007174
-6.23%
USD
Spacecoin (SPACE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

X allows crypto ads again as X Money beta rollout approaches

X allows crypto ads again as X Money beta rollout approaches

X lifts its ban on paid crypto promotions, allowing influencers to monetize posts as the X Money beta launch approaches.
Share
Cryptopolitan2026/03/02 15:19
XRP Holders Shift to Caution as $650 Million Flows to Binance During Rising Tensions

XRP Holders Shift to Caution as $650 Million Flows to Binance During Rising Tensions

XRP holders moved $650 million to Binance as geopolitical tensions heightened market uncertainty. On-chain data indicates possible short-term price volatility due
Share
Coinstats2026/03/02 14:22
UK Looks to US to Adopt More Crypto-Friendly Approach

UK Looks to US to Adopt More Crypto-Friendly Approach

The post UK Looks to US to Adopt More Crypto-Friendly Approach appeared on BitcoinEthereumNews.com. The UK and US are reportedly preparing to deepen cooperation on digital assets, with Britain looking to copy the Trump administration’s crypto-friendly stance in a bid to boost innovation.  UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent discussed on Tuesday how the two nations could strengthen their coordination on crypto, the Financial Times reported on Tuesday, citing people familiar with the matter.  The discussions also involved representatives from crypto companies, including Coinbase, Circle Internet Group and Ripple, with executives from the Bank of America, Barclays and Citi also attending, according to the report. The agreement was made “last-minute” after crypto advocacy groups urged the UK government on Thursday to adopt a more open stance toward the industry, claiming its cautious approach to the sector has left the country lagging in innovation and policy.  Source: Rachel Reeves Deal to include stablecoins, look to unlock adoption Any deal between the countries is likely to include stablecoins, the Financial Times reported, an area of crypto that US President Donald Trump made a policy priority and in which his family has significant business interests. The Financial Times reported on Monday that UK crypto advocacy groups also slammed the Bank of England’s proposal to limit individual stablecoin holdings to between 10,000 British pounds ($13,650) and 20,000 pounds ($27,300), claiming it would be difficult and expensive to implement. UK banks appear to have slowed adoption too, with around 40% of 2,000 recently surveyed crypto investors saying that their banks had either blocked or delayed a payment to a crypto provider.  Many of these actions have been linked to concerns over volatility, fraud and scams. The UK has made some progress on crypto regulation recently, proposing a framework in May that would see crypto exchanges, dealers, and agents treated similarly to traditional finance firms, with…
Share
BitcoinEthereumNews2025/09/18 02:21