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SpaceX files for IPO with $1.29B in bitcoin holdings, seeking $1.5T+ valuation.

Market News
20 May 2026
Coindesk
View Source
Bullish
pluang ai news

SpaceX has filed for an initial public offering (IPO) expected next month, aiming for a valuation exceeding $1.5 trillion, which would rank it among the world's top 10 most valuable public companies. The filing reveals SpaceX holds 18,712 bitcoins valued at $1.29 billion as of March 31, highlighting its significant digital asset holdings alongside its leadership in reusable rockets and satellite internet via Starlink. The IPO could be the largest ever, potentially surpassing Saudi Aramco's 2020 debut, and would further increase Elon Musk's wealth. Investors are closely watching Musk's retained voting power and the company's financials, including $18.7 billion revenue in 2025, up from $14 billion in 2024.

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Smart Powerr Corp. raises $2M in registered direct offering to expand energy solutions in China

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Nike shares rise as energy prices fall and bond yields ease, boosting consumer stocks.

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