Elon Musk-led SpaceX has a massive pile of Bitcoin, here is what it is worth now

Elon Musk’s SpaceX is about to go public, with an IPO that may push the company’s valuation over $1.25 trillion. While this would make it one of the biggest IPOs in history, SpaceX’s recent filings have revealed another notable aspect – its large reserve of the cryptocurrency Bitcoin.

As per SpaceX’s S1 filing with the US Securities and Exchange Commission (SEC), the company disclosed that it held 18,712 Bitcoin as of March 31, 2026. At the time of writing, Bitcoin was trading at just over $77,600 (roughly Rs 74.7 lakh). This would make SpaceX’s Bitcoin reserve worth over $1.45 billion (roughly Rs 13,990 crore).

How much has SpaceX gained with Bitcoin?

As per the filing, SpaceX bought the Bitcoin for about $661 million (roughly Rs 6,380 crore). This translates to an average purchase price of roughly $35,320 (roughly Rs 34.1 lakh) per coin.

The documents indicate that SpaceX began buying Bitcoin in early 2021, around the same period when Musk's Tesla also moved into the cryptocurrency. Bitcoin last traded near $35,000 in November 2023. In August that year, reports had said SpaceX sold a significant part of its Bitcoin holdings.

At current levels, SpaceX has gained about $789 million (roughly Rs 7,616 crore) since it bought Bitcoin, at least on paper.

The disclosed figure is more than double earlier estimates from Arkham Intelligence and BitcoinTreasuries, which had placed SpaceX's holdings at around 8,280 to 8,285 Bitcoin.

Elon Musk and cryptocurrencies

Keep in mind that Elon Musk has often expressed interest in cryptocurrencies. Apart from accepting Bitcoin for Tesla vehicles for a couple of weeks in 2021, Musk has backed the popular memecoin called Dogecoin in the past. He has previously claimed that SpaceX will put a literal Dogecoin on the moon.

Like SpaceX, Tesla too has a reserve of around 11,000 Bitcoin, as per its first quarter filing. This would be worth around $900 million at the time of writing.

Earlier in 2025, Tesla also reported that a rise in Bitcoin prices lifted its income in the final quarter of 2024 by $600 million (roughly Rs 8,688 crore).

While these reserves are quite large in the context of Bitcoin, they remain well behind the biggest corporate holder. American business software maker Strategy Inc holds more than 843,000 Bitcoin, valued at over $64 billion.

SpaceX IPO soon?

SpaceX’s Bitcoin disclosure was part of a wider filing as the company prepares to go public with SPCX believed to be its ticker symbol. As per reports, SpaceX is planning to go public on June 12, 2026 with a valuation of around $1.25 trillion.

SpaceX has stated in its filings that Elon Musk would continue as chief executive officer, chief technical officer and chairman after the listing. Ahead of the IPO plans, Musk also merged his AI startup xAI with SpaceX.

Analysts believe that following SpaceX’s IPO, Elon Musk could become the world’s first trillionaire with his stake in SpaceX potentially crossing $600 million in valuation.