How Much Bitcoin Does SpaceX, Which Is Planning an IPO, Have? Here Are the On-Chain Data

The value of Elon Musk’s US-based private space company SpaceX’s Bitcoin holdings has fallen to approximately $545 million ahead of its planned initial public offering application.

According to data from the on-chain analytics platform Arkham Intelligence, the company holds approximately 8,285 $BTC in its Coinbase Prime custody account. At current prices, the total value of these assets is approximately $545 million.

This figure represents a decrease of approximately $235 million, compared to the value of around $780 million in December. However, the data reveals that this decline is due to a correction in the Bitcoin price, not a sell-off. The amount of $BTC held by the company has remained largely constant at around 8,300 units since the beginning of 2026.

SpaceX’s Bitcoin holdings have experienced significant fluctuations in value over the past years. At the end of 2021, with the peak in $BTC prices, the company’s cryptocurrency holdings reached approximately $2 billion. This amount declined sharply during the bear market of 2022. Over the last two years, the total value has fluctuated between $400 million and $800 million.

On the other hand, it is reported that SpaceX plans to file a confidential initial public offering (IPO) application with the US Securities and Exchange Commission (SEC) as early as March, aiming to go public in June with a valuation exceeding $1.75 trillion. The company may aim to raise up to a maximum of $50 billion in funding.

Market analysts note that the company will be required to publicly disclose its cryptocurrency exposure after submitting its official S-1 application, and that future financial reports may show accounting effects on profit/loss due to Bitcoin price fluctuations. A similar situation previously arose for Tesla, where Bitcoin-related volatility in the company’s balance sheet drew attention in the markets.

*This is not investment advice.