2026-03-02 17:46:16

Pre-IPO, SpaceX's BTC holdings decrease to approximately $545 million, facing potential mark-to-market pressure

Elon Musk's SpaceX is preparing for what could be one of the largest IPOs of all time (aiming for a valuation of over $1.75T and a raise of up to $50B by June 2026), and its Bitcoin position will soon be in the spotlight.
Data from Arkham Intelligence shows that SpaceX holds about 8,285 BTC (in custody at Coinbase Prime), now valued at approximately $545M —a significant decline from previous peaks due to recent price movements (a $235M drop over the past few months). Holdings have remained mostly stable since early 2026, with slight transfers likely for portfolio reorganization rather than sales.

As the confidential S-1 filing approaches (expected soon), this volatile asset will be publicly disclosed for the first time, which could create mark-to-market pressure or increased scrutiny from investors. In a highly uncertain market, the staking of BTC by SpaceX remains a fascinating line in its path toward going public.

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BTC4,39%

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