SpaceX is scheduled to begin trading on the Nasdaq under the ticker SPCX on June 12, 2026, in what would be the largest initial public offering in history. The company plans to sell 555,555,555 shares at $135 apiece, targeting a raise of $75 billion and a post-IPO valuation of roughly $1.77 trillion.
At that price, Elon Musk’s approximately 49% stake would be worth around $866.5 billion. Combined with his other holdings, that figure would push him past the $1 trillion net worth line, a threshold no human has previously crossed.
What SpaceX’s S-1 revealed about its Bitcoin stash
The company’s public S-1 filing contained a detail that caught the crypto world’s attention. SpaceX disclosed holding 18,712 Bitcoin on its balance sheet as of March 31, 2026, valued between $1.29 billion and $1.45 billion at the time.
That number meaningfully exceeded prior market estimates of the company’s digital asset exposure. The filing showed no connections to other cryptocurrencies or blockchain projects. This is a straightforward Bitcoin allocation, likely treated as a treasury reserve asset rather than a strategic pivot into Web3.
