SpaceX plans to go public and reveals ownership of 18700 bitcoins

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According to SpaceX's S-1 filing with the US SEC, the company plans to list on NASDAQ under the stock code "SPCX", raising up to $75 billion with a target valuation of over $1.75 trillion. As of March 31, 2026, SpaceX holds 18700 bitcoins with a fair value of approximately $1.29 billion, which is close to $1.45 billion at current prices, exceeding Tesla's disclosed reserve of 11500 bitcoins. The cost of Bitcoin is approximately $661 million, with an average cost of $35300 per coin, and it is managed by a third party. In 2025, the revenue was $18.674 billion, and in the first quarter of 2026, the revenue was $4.694 billion, of which Starlink contributed $3.26 billion, accounting for 69%.

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