Hupzy (Spot On Chain)|6ๆ 13, 2026 12:05
๐ On-chain data: ๐ฆ๐ฝ๐ฎ๐ฐ๐ฒ๐ซ ๐ต๐ผ๐น๐ฑ๐ $๐ญ.๐ญ๐ต๐ ๐ถ๐ป ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป โ now the ๐ณ๐๐ต ๐น๐ฎ๐ฟ๐ด๐ฒ๐๐ ๐ฐ๐ผ๐บ๐ฝ๐ฎ๐ป๐ post-IPO and one of the world's largest corporate BTC holders.
Hupzy take: Post-IPO, SpaceX's balance sheet is public-facing. Future BTC accumulation or distribution will be visible and could move markets. This creates an indirect BTC-SPCX correlation: positive BTC sentiment flows into SPCX valuation, and vice versa. The $1.19B treasury means SpaceX has real skin in the crypto game beyond just being a pre-IPO name.
Explorer: https://arkm.com/explorer/entity/spacex
source: arkham
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