{"id":52630,"date":"2026-06-12T10:45:20","date_gmt":"2026-06-12T15:45:20","guid":{"rendered":"https:\/\/bitcoinmagazine.com\/?p=52630"},"modified":"2026-06-12T10:45:24","modified_gmt":"2026-06-12T15:45:24","slug":"spacex-officially-join-bitcoin-leaderboard","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/news\/spacex-officially-join-bitcoin-leaderboard","title":{"rendered":"SpaceX Officially Joins Public Bitcoin Leaderboard as 8th Largest Holder With 18,712 BTC"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<p class=\"wp-block-paragraph\">Elon Musk&#8217;s SpaceX launched trading on the Nasdaq today under the ticker SPCX \u2014 and it didn&#8217;t arrive empty-handed.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company officially <a href=\"https:\/\/bitcoinmagazine.com\/news\/spacex-heads-into-historic-ipo\">entered<\/a> the public Bitcoin treasury leaderboard as the 8th largest holder with 18,712 BTC, a position that had been building for years before its historic IPO debut confirmed the full size of the stash.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">SpaceX&#8217;s S-1 filing with the Securities and Exchange Commission first disclosed the 18,712 BTC position back in May, valued at approximately $1.29 billion at the time of filing.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The total cost basis was reported at $661 million \u2014 an average acquisition price of roughly $35,324 per coin \u2014 suggesting the company began accumulating Bitcoin in late 2023 or earlier. At today&#8217;s prices near $63,000, the position is worth approximately $1.19 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The disclosure somewhat surprised the market. Blockchain analytics firm Arkham Intelligence had previously tracked SpaceX&#8217;s holdings as low as 6,095 BTC, and the BitcoinTreasuries.net May 2026 Corporate Adoption Report <a href=\"https:\/\/www.google.com\/search?q=BitcoinTreasuries.net+May+2026+Corporate+Adoption+Report&amp;rlz=1C5OZZY_enUS1180US1180&amp;oq=BitcoinTreasuries.net+May+2026+Corporate+Adoption+Report&amp;gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQIRigATIHCAIQIRigATIHCAMQIRigATIHCAQQIRigATIHCAUQIRiPAtIBBzEyNWowajeoAgCwAgA&amp;sourceid=chrome&amp;ie=UTF-8\" target=\"_blank\" rel=\"noopener\">noted<\/a> that its pre-IPO private estimate stood at just 8,285 BTC.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">JUST IN: Elon Musk&#39;s SpaceX officially becomes 8th largest public Bitcoin holder with 18,712 BTC \ud83d\ude80 <a href=\"https:\/\/t.co\/04n3AyFC3T\">pic.twitter.com\/04n3AyFC3T<\/a><\/p>&mdash; Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/x.com\/BitcoinMagazine\/status\/2065434999625510963?ref_src=twsrc%5Etfw\">June 12, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The actual confirmed figure \u2014 more than double those estimates \u2014 made SpaceX&#8217;s reveal the second-largest Bitcoin treasury disclosure of May, <a href=\"https:\/\/bitcoinmagazine.com\/news\/public-companies-added-43557-bitcoin\">trailing only<\/a> Strategy&#8217;s 25,404 BTC in monthly purchases and accounting for more than one-third of all public treasury growth before sales.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;We expect SpaceX to rank among the top ten publicly traded Bitcoin treasuries after its anticipated June 12 IPO,&#8221; BitcoinTreasuries.net wrote in its May report \u2014 a forecast that has now materialized.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The live leaderboard, updated as of June 11, confirms SpaceX at rank #8, slotting in just behind Strive (19,032 BTC at #7) and just ahead of Coinbase Global (16,492 BTC at #9).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">SpaceX shares debut higher than initial pricing<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The IPO itself is historic, even without the Bitcoin angle.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">SpaceX priced its shares at $135 on June 11, raising roughly $75 billion and valuing the company at about $1.75 trillion.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reports now indicate the stock could debut at $171 per share with other reports saying $155 a share. At that price, SpaceX&#8217;s valuation would climb to approximately $2.2 trillion, potentially making Elon Musk the world&#8217;s first trillionaire.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The listing, led by Goldman Sachs and Morgan Stanley, <a href=\"https:\/\/www.fidelity.com\/news\/article\/top-news\/202606111548RTRSNEWSCOMBINED_KBN3SD2FG-OUSBS_1\" target=\"_blank\" rel=\"noopener\">ranks<\/a> as one of the largest stock market debuts in U.S. history, surpassing Saudi Aramco&#8217;s $29 billion IPO in 2019.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The timing of SpaceX&#8217;s entry into the public crypto arena is notable given broader market headwinds. Bitcoin has shed more than 50% from its all-time high above $126,000, hovering around $64,000 in recent sessions, with spot Bitcoin ETFs bleeding $2.26 billion in outflows over two weeks.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Still, SpaceX&#8217;s Bitcoin position appears to be a long-term balance-sheet allocation rather than a trading posture. The S-1 stated: &#8220;The Company has ownership of and control over its digital assets, which consist of Bitcoin, and utilizes, and expects to continue to utilize third-party custodians to hold its Bitcoin.&#8221;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Analysts at Grayscale noted that SpaceX is poised to become the most valuable public company holding Bitcoin by market capitalization \u2014 even as <a href=\"https:\/\/bitcoinmagazine.com\/news\/strategy-mstr-ceo-says-bitcoin-sale\">Strategy<\/a> remains the largest by coin count with over 843,000 BTC.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk&#8217;s SpaceX is set to begin trading on the Nasdaq under the ticker SPCX on Friday, officially joining the ranks of public Bitcoin treasury companies with 18,712 BTC worth roughly $1.29 billion, making it the eighth-largest corporate holder of bitcoin.<\/p>\n","protected":false},"author":3817,"featured_media":52634,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4378],"tags":[603,2799,340,388],"class_list":["post-52630","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","tag-elon-musk","tag-ipo","tag-nasdaq","tag-spacex"],"author_data":{"id":3817,"name":"Micah Zimmerman","nicename":"micahzimmerman","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/11\/Micah_Zimmerman_Author_Image.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/06\/SpaceX-Officially-Joins-Public-Bitcoin-Leaderboard-as-8th-Largest-Holder-With-18712-BTC.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/52630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3817"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=52630"}],"version-history":[{"count":2,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/52630\/revisions"}],"predecessor-version":[{"id":52633,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/52630\/revisions\/52633"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/52634"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=52630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=52630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=52630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}