SpaceX ranks as No. 8 public Bitcoin holder after record IPO
SpaceX raised $75 billion in its IPO Thursday, pricing shares at $135 and reaching a $1.77 trillion valuation. The company now holds 18,712 bitcoin, worth about $1.2 billion, making it the eighth-largest public holder. Crypto exchanges reported $3.2 billion in pre-IPO SpaceX derivatives trading. SpaceX’s bitcoin position places it between Strive and Coinbase, according to Forbes.