SpaceX confidentially filed for an IPO with the SEC on April 1, 2026, setting the stage for what would become the largest initial public offering in history. Shares were priced at $135 on June 11, raising $75B through the sale of 555.6 million shares and valuing the company at roughly $1.77 trillion.
For crypto investors, the headline number isn’t the valuation. It’s the 18,712 BTC sitting on SpaceX’s balance sheet, worth between $1.29B and $1.63B at the time of the filing. That makes Elon Musk’s rocket company one of the larger corporate Bitcoin holders on the planet, and it transforms a traditional equity event into something the crypto world can’t ignore.
The biggest IPO meets the biggest tech trend
The 2026 IPO window has been dominated by AI companies racing to capitalize on investor appetite for anything adjacent to artificial intelligence. OpenAI and Anthropic are among the names jockeying for their own mega-listings, creating a competitive backdrop that SpaceX managed to outpace by sheer scale.
The S-1 filing, made public in May, revealed ambitions that stretch well beyond launching rockets and ferrying astronauts. SpaceX outlined plans to build orbital AI data centers, leveraging its Starlink satellite internet infrastructure as the backbone.
