Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

SpaceX holds $637M in Bitcoin ahead of historic $75B IPO targeting $1.75T valuation.

Market News
18 May 2026
Finbold
View Source
Bullish
pluang ai news

SpaceX, founded by Elon Musk, is preparing for what could be the largest IPO ever, aiming to raise $75 billion with a $1.75 trillion valuation. The company holds 8,285 Bitcoin worth about $637 million, maintaining this position since mid-2022 after reducing from a peak of 28,000 coins. SpaceX's Bitcoin holdings have generated an unrealized profit of over $360 million through various market cycles. The IPO is set for June 12, 2026, with the public filing expected around May 20 and a roadshow starting June 8, positioning SpaceX to join other major public companies accumulating Bitcoin.

More News

Auddia highlights $29B AI infrastructure potential via LT350's GPU-powered parking lot data centers.

Auddia highlights $29B AI infrastructure potential via LT350's GPU-powered parking lot data centers.

Auddia Inc. spotlighted the AI infrastructure opportunity of its LT350 subsidiary, referencing a $1.25 billion GPU cloud contract by SharonAI as a market benchmark. LT350's patented design uses parking lot airspace to deploy up to 960,000 GPUs, poten...

Market News
Bullish
1 hour ago
Heineken repurchases over 2.5 million shares in latest tranche of €1.5B buyback program

Heineken repurchases over 2.5 million shares in latest tranche of €1.5B buyback program

Heineken N.V. has repurchased 2,543,263 shares under the second €750 million tranche of its €1.5 billion share buyback program as of May 15, 2026. The shares were bought both on the exchange and from Heineken Holding N.V., with an average price of €6...

Company Fundamentals
Neutral
1 hour ago
China Automotive Systems ships first batch of EPS to European automaker, targeting 300,000 units annually.

China Automotive Systems ships first batch of EPS to European automaker, targeting 300,000 units annually.

China Automotive Systems has begun volume shipments of its electric power steering (EPS) systems to a global automaker's European division. This marks a significant milestone as the EPS models will be used in two new vehicle models in Europe, with an...

Market News
Bullish
1 hour ago
FAU ranks 4th nationally for Executive Education, leading Florida for 4 years, with new AI MBA concentration.

FAU ranks 4th nationally for Executive Education, leading Florida for 4 years, with new AI MBA concentration.

Florida Atlantic University's Executive Education Programs have been ranked No. 1 in Florida and No. 4 in the U.S. by the Financial Times for their professional development offerings. The program provides over 60 certifications and caters to working ...

Others
Neutral
1 hour ago
Crédit Agricole Brie Picardie repurchases shares under MAR regulation in May 2026.

Crédit Agricole Brie Picardie repurchases shares under MAR regulation in May 2026.

Crédit Agricole Brie Picardie conducted share buybacks from May 11 to May 15, 2026, under Article 5 of the MAR regulation. The bank repurchased a total of several thousand shares daily at prices ranging from approximately €33.27 to €34.98 on the XPAR...

Company Fundamentals
Neutral
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App