SpaceX priced its shares at $135 on June 12, 2026, raising approximately $75 billion in what instantly became the largest initial public offering in history. The stock, trading under the ticker SPCX on Nasdaq, closed its first day near $161, a roughly 19-20% pop that pushed the company’s market capitalization to somewhere between $2.1 trillion and $2.2 trillion.
That kind of debut doesn’t just make headlines. It makes trillionaires. Elon Musk’s net worth climbed to an estimated $1.1 trillion following the IPO, according to calculations by Forbes and Bloomberg, making him the first person to ever cross that threshold.
The Bitcoin in the rocket ship
Buried in SpaceX’s S-1 filing was a disclosure that the company holds 18,712 BTC in its treasury, valued at between $1.2 billion and $1.45 billion at the time of filing. That makes SpaceX the 8th-largest public company Bitcoin holder.
Combined with Tesla’s holdings of roughly 11,509 BTC, Musk’s two public companies now sit on more than 30,000 Bitcoin.
