SpaceX to file for IPO, disclose $1.45B in BTC holdings

SpaceX plans to file for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) under the ticker SPCX, Walter Bloomberg reported. According to The Block, the IPO filing will disclose that the company held 18,712 BTC at an average price of $35,000, valued at $1.45 billion, as of Dec. 31, 2025. SpaceX is known to have been accumulating cryptocurrency since 2021 and is believed to have adjusted its holdings based on market conditions. The Block added that at current prices, SpaceX's BTC holdings would rank it seventh among publicly traded companies, ahead of Coinbase (COIN). It also noted that due to accounting rules for listed companies, cryptocurrency price fluctuations are expected to increase the volatility of SpaceX's financial performance.