Source: CryptoNewsNet
Original Title: SpaceX’s $300M Bitcoin Stack Puts Crypto Inside the World’s Biggest Planned IPO
Original Link:
SpaceX is working toward a stock-market listing that could value the company at around $1.5 trillion, making it the biggest public market offering by that metric, according to Bloomberg.
If that happens, investors won’t just be buying into rockets and satellites. They’ll also be buying into a company that holds thousands of bitcoin and has already used dogecoin to fund a mission to the Moon.
A Bloomberg report late Tuesday said the Elon Musk-run company is moving ahead with plans for an initial public offering that would seek to raise “significantly more than $30 billion,” targeting a valuation in the region of $1.5 trillion and a listing as soon as mid-to-late 2026.
At that scale, even small balance-sheet allocations matter.
Arkham Intelligence, a blockchain analytics firm that tracks identified entities, shows a wallet cluster labeled “SpaceX” holding about 3,991 BTC, worth roughly $369 million at a bitcoin price of around $92,500.
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SpaceX's $300M Bitcoin Stack Puts Crypto Inside the World's Biggest Planned IPO
Source: CryptoNewsNet Original Title: SpaceX’s $300M Bitcoin Stack Puts Crypto Inside the World’s Biggest Planned IPO Original Link: SpaceX is working toward a stock-market listing that could value the company at around $1.5 trillion, making it the biggest public market offering by that metric, according to Bloomberg.
If that happens, investors won’t just be buying into rockets and satellites. They’ll also be buying into a company that holds thousands of bitcoin and has already used dogecoin to fund a mission to the Moon.
A Bloomberg report late Tuesday said the Elon Musk-run company is moving ahead with plans for an initial public offering that would seek to raise “significantly more than $30 billion,” targeting a valuation in the region of $1.5 trillion and a listing as soon as mid-to-late 2026.
At that scale, even small balance-sheet allocations matter.
Arkham Intelligence, a blockchain analytics firm that tracks identified entities, shows a wallet cluster labeled “SpaceX” holding about 3,991 BTC, worth roughly $369 million at a bitcoin price of around $92,500.