How Many Bitcoins Does SpaceX Own Ahead of Its Planned IPO? Blockchain Data Reveals
The value of Bitcoin holdings owned by Elon Musk’s private aerospace company SpaceX has declined to approximately $545 million ahead of its planned initial public offering (IPO).
According to blockchain analytics platform Arkham Intelligence, the company holds about 8,285 $BTC in its Coinbase Prime account. At current prices, these assets are worth roughly $545 million.
This marks a decrease of about $235 million compared to approximately $780 million in December. However, the data indicates that the decline is due to Bitcoin’s price correction rather than any sale of holdings. The number of $BTC held by the company has remained largely unchanged at around 8,300 coins since early 2026.
Over the years, the value of SpaceX’s Bitcoin holdings has fluctuated significantly. At the peak of Bitcoin prices in late 2021, the company’s crypto assets were valued at around $2 billion. That figure dropped sharply during the 2022 bear market. Over the past two years, the total value has ranged between $400 million and $800 million.
Reports suggest that SpaceX plans to confidentially file for an IPO with the U.S. Securities and Exchange Commission as early as March and aims to go public in June with a valuation exceeding $1.75 trillion. The company could potentially raise up to $50 billion in funding.
Market analysts note that once the S-1 filing is submitted, the company will be required to publicly disclose details about its cryptocurrency holdings, and future financial statements may reflect accounting impacts from Bitcoin price volatility on profit and loss. A similar situation previously occurred at Tesla, where Bitcoin-related volatility on the balance sheet drew significant market attention.
See also: "Morgan Stanley, Managing $9 Trillion in Assets, Announces Its Next Move in the Bitcoin Space"
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