SpaceX reveals 18,712 Bitcoin holdings worth $1.45B
In its S-1 filed June 12, SpaceX reported holding 18,712 Bitcoin worth about $1.45 billion as of Dec. 31, 2025, with an average purchase price of $35,320 per coin.
SpaceX disclosed in its S-1 registration filed June 12 that it holds 18,712 Bitcoin valued at about $1.45 billion as of Dec. 31, 2025. The filing states the company bought Bitcoin at an average price of $35,320 per coin.
The disclosure is part of SpaceX’s bid to go public and to raise roughly $75 billion in an offering that could value the company between $1.75 trillion and $2 trillion. The S-1 lists the Bitcoin balance on the company’s balance sheet as of the end of 2025.
SpaceX began accumulating Bitcoin in early 2021, around the same time Tesla made its purchase. The disclosed total exceeds Tesla’s publicly reported holding of 11,509 Bitcoin and is larger than prior estimates from blockchain trackers that put SpaceX’s holdings near 8,285 coins. If ranked with public firms, the disclosed position would place SpaceX among the largest corporate Bitcoin holders.
The S-1 does not provide a detailed timeline for each purchase. The filing does not spell out a plan for managing or selling the Bitcoin holdings, nor does it say whether the company would convert any holdings to cash as part of the offering.
SpaceX said proceeds from a public offering could support projects across its businesses, including Starlink satellite internet, orbital data centers and long-term human spaceflight plans. In the filing the company estimated a $28.5 trillion total addressable market spanning artificial intelligence, space and connectivity.
The filing makes the company’s cryptocurrency position part of the information potential investors would consider. SpaceX’s public accounting of its Bitcoin holdings clarifies figures that had relied on public wallet tracking and third-party estimates.
As we previously reported, OKX plans to launch perpetual futures on SpaceX and Anthropic.
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