SpaceX is preparing to go public on Nasdaq under the ticker SPCX, targeting up to $75 billion in proceeds at a valuation north of $2 trillion. If the numbers hold, this would dwarf Saudi Aramco’s $29 billion IPO in 2019, making it the largest public offering in history by a wide margin.
Buried in the S-1 filing is a detail that should make crypto investors sit up straight: SpaceX holds 18,712 Bitcoin, valued at approximately $1.29 billion. That makes Musk’s rocket company one of the largest corporate Bitcoin holders on the planet.
The IPO mechanics
Roadshows are slated to kick off around June 8, 2026. Pricing is expected on June 11, with shares likely to begin trading the following day.
The underwriting syndicate reads like a who’s-who of Wall Street. Goldman Sachs, Morgan Stanley, Bank of America, Citi, and JPMorgan are all serving as lead underwriters.
