SpaceX Holds 18,712 BTC Worth $1.46B as IPO Preparations Reportedly Advance

SpaceX, the Elon Musk-led aerospace company reportedly preparing for a public offering, currently holds 18,712 Bitcoin valued at approximately $1.46 billion, according to on-chain data circulating on X. The position places SpaceX among the largest known corporate Bitcoin holders globally, alongside MicroStrategy, Tesla, and a handful of publicly traded firms.

The timing is notable: if SpaceX proceeds with an IPO, its Bitcoin treasury would become a line item on a public balance sheet scrutinised by institutional investors, index funds, and regulators simultaneously. That kind of forced disclosure tends to legitimise the asset class in ways that private holdings never fully do.

For Bitcoin bulls, a SpaceX IPO with a nine-figure BTC position on the books would represent another structural on-ramp — one that ties the world's most valuable private aerospace company directly to crypto…