SpaceX’s $300M Bitcoin Stack Puts Crypto Inside the World’s Biggest Planned IPO
SpaceX is planning a massive IPO that could value the company at $1.5 trillion, revealing it holds approximately 3,991 BTC.Summary
SpaceX, led by Elon Musk, is moving forward with plans for an initial public offering (IPO) that could value the company around $1.5 trillion, potentially becoming the largest public market offering by that metric. This listing would mean investors are buying into a company that holds a significant amount of cryptocurrency, specifically around 3,991 BTC, valued near $369 million based on recent prices, held in custody via Coinbase Prime. The Bitcoin holdings have fluctuated over the years, increasing during the 2021-2022 bull market and rebuilding through 2024 and 2025. The IPO, targeting a raise of over $30 billion, is anticipated for mid-to-late 2026, contingent on market conditions. Musk's strong ties to crypto are noted, referencing SpaceX's acceptance of Dogecoin for its DOGE-1 lunar mission and Tesla's prior Bitcoin holdings, suggesting the IPO will broaden his influence across sectors intersecting with AI and crypto infrastructure.
(Source：CoinDesk)