SpaceX debuted on the Nasdaq on June 12 at $135 per share. The IPO raised as much as $75 billion, making it the largest initial public offering in history. The S-1 filing disclosed that SpaceX holds 18,712 Bitcoin, valued at approximately $1.45 billion.
The numbers behind the historic listing
SpaceX priced its shares at $135 on June 11, giving it an initial valuation of roughly $1.77 trillion. The stock surged more than 50% within days, with the market cap recently hovering between $2.65 trillion and $2.8 trillion. That range puts SpaceX right on Amazon’s doorstep, with Amazon sitting at approximately $2.66 trillion to $2.7 trillion. Microsoft, Nvidia, Alphabet, and Apple remain ahead.
SpaceX was valued at around $137 billion in early 2023 as a private company.
SpaceX’s Bitcoin treasury and the crypto ripple effect
