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SpaceX holds 18,712 bitcoin worth $1.45B, IPO valuation tops $1.5 trillion

Market News
21 May 2026
Unchained
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Bullish
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SpaceX's S-1 filing reveals it holds 18,712 bitcoin valued at about $1.45 billion, purchased at an average price of $35,320 per coin. The company has not bought or sold bitcoin since 2024, despite market fluctuations. SpaceX aims for a historic IPO valuation exceeding $1.5 trillion, with trading expected on Nasdaq under ticker SPCX in June 2026. Pre-IPO trading on Hyperliquid suggested valuations above $2.5 trillion, highlighting strong market interest and potential pricing debates ahead of the IPO.

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