SpaceX has officially become the eighth largest publicly traded holder of Bitcoin in the world, currently holding 18,712 BTC

SpaceX, under Elon Musk, has officially gone public, disclosing in its S-1 filing submitted to the U.S. SEC during the IPO that it holds 18,712 BTC. Based on the current price of approximately $63,000, this portion of Bitcoin is valued at about $1.18 billion, making SpaceX the 8th largest publicly traded company holder of Bitcoin in the world.

SpaceX's Bitcoin holdings have been on the balance sheet for some time, with an average purchase cost of around $35,000, resulting in significant potential gains. Another publicly traded company under Musk, Tesla, also holds 11,509 BTC. Together, SpaceX and Tesla hold a total of 30,221 BTC, and if the two companies were to merge, their Bitcoin holdings would rank 5th among publicly traded companies globally.

The listing of SpaceX indirectly provides traditional investment portfolios with exposure to Bitcoin and also demonstrates that large strategic companies are increasingly accepting Bitcoin as a treasury asset.