SpaceX just pulled off the biggest IPO in history. The company priced shares at $135 each on June 11, raising $75 billion from roughly 555.6 million Class A shares sold to investors. With underwriters holding a greenshoe option to sell an additional 83.3 million shares, total proceeds could push past $86 billion.
That’s not just a record. It’s a record by a wide margin, eclipsing Saudi Aramco’s 2019 debut, which previously sat atop the all-time IPO leaderboard.
But buried in the SEC filing was a detail that sent a different kind of ripple through markets: SpaceX disclosed it holds 18,712 bitcoins, valued at approximately $1.29 billion as of March 31, 2026. The company paid roughly $661 million to acquire them, meaning it’s sitting on a nearly 100% unrealized gain on that position alone.
First day on Nasdaq was a blowout
Trading under the ticker SPCX on Nasdaq, SpaceX shares opened at $150, already an 11% premium to the IPO price. By the closing bell, shares had climbed to $160.95, a 19% gain on the day.
