SpaceX IPO Filing Reveals 18,712 Bitcoin Holdings Worth $1.1B

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According to SpaceX's S-1 IPO filing disclosed on June 11, the company holds 18,712 Bitcoin with a cost basis of $661 million, currently valued at over $1.1 billion. Bloomberg reported that the Bitcoin position serves as a strategic reserve for excess cash, reflecting a broader corporate trend of holding digital assets alongside traditional reserves rather than as speculative investments.
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