SpaceX didn’t just go public. It went public holding a mountain of Bitcoin that nobody saw coming.

The company’s S-1 filing with the SEC disclosed 18,712 BTC on its balance sheet as of March 31, 2026, valued at $1.29 billion. The cost basis was $661 million, meaning the company is sitting on roughly a 95% unrealized gain on its digital asset position. That makes SpaceX the eighth-largest public corporate holder of Bitcoin.

The IPO that rewrote the record books

SpaceX completed its IPO on June 12, 2026, raising approximately $75 billion at $135 per share. The offering pushed the company’s market capitalization above $2 trillion, slotting it among the top handful of publicly traded companies on the planet.

Analysts had previously estimated SpaceX held around 8,300 BTC. The actual figure of 18,712 BTC is more than double that estimate.