Digital Assets Watch: SpaceX IPO Puts 18,712 Bitcoin Treasury on Wall Street’s Radar

Latest reporting indicates that spaceX’s historic IPO drew fresh attention to one of the largest bitcoin positions held by a public company.

SEC filings show 18,712 BTC on the balance sheet with a fair value of $1.293 billion.

(Nasdaq: SPCX) entered public markets in a landmark debut that valued the company at $2.1 trillion, making it the largest IPO on record.

The offering drew attention to SpaceX’s launch business, satellite network, artificial intelligence ambitions, and unusually large bitcoin treasury.

SpaceX disclosed 18,712 BTC in its Form S-1 amendment filed with the U.S.

The filing placed the bitcoin position within the company’s broader balance-sheet disclosures before its public-market debut.

The filing states: “As of March 31, 2026 and December 31, 2025, the company also held 18,712 units of bitcoin with a cost basis of $661 million and fair value of $1,293 million and $1,637 million, respectively.” Updated accounting rules adopted in 2024 changed how SpaceX reports its bitcoin holdings.

The adjustment increased digital assets by $496 million and reduced accumulated deficit by the same amount.