Pre-IPO, SpaceX’s BTC Holdings Drop to ~$545M, Facing Potential Mark-to-Market Pressure
Elon Musk's SpaceX is gearing up for what could be one of the biggest IPOs ever (targeting a $1.75T+ valuation and up to $50B raise in June 2026), and its Bitcoin position is about to come under the spotlight. Arkham Intelligence data shows SpaceX controls around 8,285 BTC (held in Coinbase Prime custody), now valued at approximately $545M — down significantly from earlier peaks due to recent price action (a $235M drop in the last few months). The holdings have been mostly static since early 2026, with minor transfers likely for wallet reorganization rather than sales.
As the confidential S-1 filing approaches (expected soon), this volatile asset will be disclosed publicly for the first time, potentially creating mark-to-market pressure or scrutiny from investors. In a high-uncertainty market, SpaceX's BTC bet remains a fascinating line item on its path to going public.
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AYATTAC
· 2h ago
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You always bring something unique.
Proud to support you always.⚡⚡Such a creative and impressive post.
You always bring something unique.
Proud to support you always.⚡⚡
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Ryakpanda
· 2h ago
2026 Go Go Go 👊
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MuteVerse
· 3h ago
To The Moon 🌕
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MuteVerse
· 3h ago
2026 GOGOGO 👊
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MuteVerse
· 3h ago
LFG 🔥
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MasterChuTheOldDemonMasterChu
· 3h ago
Stay strong and HODL💎
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MasterChuTheOldDemonMasterChu
· 3h ago
GT is GT
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MasterChuTheOldDemonMasterChu
· 3h ago
Wishing you great wealth in the Year of the Horse 🐴
Pre-IPO, SpaceX’s BTC Holdings Drop to ~$545M, Facing Potential Mark-to-Market Pressure
Elon Musk's SpaceX is gearing up for what could be one of the biggest IPOs ever (targeting a $1.75T+ valuation and up to $50B raise in June 2026), and its Bitcoin position is about to come under the spotlight.
Arkham Intelligence data shows SpaceX controls around 8,285 BTC (held in Coinbase Prime custody), now valued at approximately $545M — down significantly from earlier peaks due to recent price action (a $235M drop in the last few months). The holdings have been mostly static since early 2026, with minor transfers likely for wallet reorganization rather than sales.
As the confidential S-1 filing approaches (expected soon), this volatile asset will be disclosed publicly for the first time, potentially creating mark-to-market pressure or scrutiny from investors. In a high-uncertainty market, SpaceX's BTC bet remains a fascinating line item on its path to going public.
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