SpaceX reveals average BTC purchase price of $35,324 in IPO filing

Elon Musk's space exploration company, SpaceX, has an average purchase price of $35,324 for its Bitcoin holdings, according to an S-1 IPO registration statement filed with the U.S. Securities and Exchange Commission (SEC) on May 20. The company appears to have invested approximately $661 million to acquire its 18,712 BTC, a holding figure previously reported by CoinNess. The filing also indicates that the assets are currently managed by an external custodian.