In a landmark event, SpaceX has emerged as one of the largest public holders of bitcoin, having accumulated over 18,000 BTC following its highly anticipated initial public offering (IPO) on Friday. The aerospace company saw its stock price soar more than 20% during its market debut, highlighting strong investor interest and confidence.
As of recently released figures, SpaceX holds approximately 18,712 bitcoins, a financial asset valued at around $1.2 billion, according to BitcoinTreasuries.net. This positions the company as the eighth largest public bitcoin holder, establishing a notable presence in the cryptocurrency space. Notably, when combined with Tesla, which holds 11,509 BTC, the two entities rank as the fourth largest holders of bitcoin in the public sector.
However, SpaceX trails significantly behind Michael Saylor’s Strategy, which boasts a staggering 845,256 bitcoins in its reserves. The rise in bitcoin holdings coincides with the growing prominence of cryptocurrencies in institutional investment strategies.
Elon Musk, the CEO of SpaceX and Tesla, has been a vocal proponent of cryptocurrencies. His advocacy for digital assets like bitcoin and dogecoin has transformed the financial landscape around these currencies. Musk has previously expressed skepticism toward traditional fiat currencies, labeling the U.S. dollar as “hopeless” in the past year.
Despite recent downturns in the cryptocurrency market—with bitcoin prices dropping over 27% in 2026 from a peak of roughly $88,000 to nearly $64,000—SpaceX’s substantial holdings are a testament to its strategic approach toward integrating digital currencies into its asset management framework.
Following the IPO, Musk’s estimated net worth has surged to approximately $1.1 trillion, solidifying his position as the world’s wealthiest individual and potentially marking him as the first trillionaire in history. The company’s stock opened at $150 but rose to around $173 shortly after, reflecting strong market activity and investor enthusiasm.
The landscape of cryptocurrency and the institutional adoption of digital assets continues to evolve, with SpaceX at the forefront as it navigates an ambitious path in both aerospace and financial innovation.
