SpaceX Unveils Larger-Than-Expected Bitcoin Stash
Cointelegraph
SpaceX revealed holding 18,712 Bitcoin, significantly exceeding market estimates, ahead of its planned initial public offering.Summary
In a recent S-1 registration statement for its upcoming IPO, SpaceX disclosed that it holds 18,712 Bitcoin valued at $1.45 billion. This amount is substantially higher than previous estimates from blockchain analytics firms, making SpaceX one of the largest corporate holders of the cryptocurrency. The company began accumulating Bitcoin in 2021, and its holdings currently surpass those of Tesla. As SpaceX prepares for what could be the largest IPO in history, the disclosure offers investors a unique avenue to gain exposure to Bitcoin alongside the company's extensive aerospace and AI operations.
(Source：Cointelegraph)