SpaceX ranks as No. 8 public Bitcoin holder after record IPO
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SpaceX ranks as No. 8 public Bitcoin holder after record IPO

June 13, 2026
by

New York, June 13, 2026, 15:02 (EDT).

  • SpaceX has become the eighth-biggest public company by Bitcoin holdings, now holding 18,712 BTC valued near $1.2 billion based on current prices.
  • SpaceX is now ranked after its record $75 billion IPO, which priced shares at $135.
  • Heavy activity hit crypto exchanges in pre-IPO SpaceX derivatives trading ahead of the listing.

SpaceX’s Wall Street IPO has made Elon Musk’s company one of the top Bitcoin holders among public firms, giving the biggest IPO ever a notable crypto element. Forbes puts SpaceX at number eight with 18,712 BTC, between Strive and Coinbase in BitcoinTreasuries’ list.

SpaceX’s reported bitcoin holdings are now valued near $1.2 billion with bitcoin trading at about $64,126. The company’s S-1 filed earlier showed 18,712 BTC valued at $1.29 billion at the end of March, according to CoinDesk, before the latest drop.

SpaceX set its IPO price at $135 per share, pulling in $75 billion by selling 555.56 million shares. That puts the company’s market value at $1.77 trillion. Reuters said the deal topped Saudi Aramco’s 2019 IPO and sent SpaceX straight into the top tier of U.S.-listed firms by value.

Michael Saylor, executive chairman of Strategy, used the listing to credit Musk with pushing Bitcoin deeper into big-cap territory. “Thanks to you, 25% of the Mag8 now holds bitcoin on the balance sheet,” Saylor said on X, per CoinDesk, pointing to his take on the “Magnificent Seven” that includes SpaceX. CoinDesk

Musk sits in a rare spot when it comes to corporate Bitcoin holdings. Tesla’s stash stands at 11,509 BTC, and SpaceX has 18,712 BTC. Strategy is still way out front, with 845,256 BTC, per CoinDesk and BitcoinTreasuries.

Crypto exchanges rushed to list “pre-IPO perpetual futures” tied to SpaceX ahead of its trading debut, Reuters said. Binance, Coinbase and Hyperliquid offered the products, which track what SpaceX shares might be worth but don’t represent claims on the stock. Between May 17 and Wednesday, Talos data put total trading volume at $3.2 billion and open interest at $390 million, Reuters reported. Binance said its own SpaceX pre-IPO perps saw $2.1 billion in trades over 18 days. Reuters

Regulatory and market-risk questions are still in play. Philippe Noeltner, lawyer at A&O Shearman, told Reuters the offerings target a “crypto-native, crypto-friendly audience” looking to make leveraged plays. Kaiko analyst Laurens Fraussen said the SpaceX pre-IPO perpetual “isn’t really anchored towards anything other than speculation.” Reuters

Investors now have to see if SpaceX shares will keep attracting buyers after the debut and if its Bitcoin holdings actually matter for the public company’s risk. “The real test will be how the market digests the IPO over the next several weeks, not just one day,” Adam Sarhan, chief executive of 50 Park Investments, told Reuters. Reuters

Marcin Frąckiewicz

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