Elon Musk's SpaceX holds 18,712 bitcoin at fair value of $1.29 billion, IPO filing shows

The rocket and satellite company is looking to go public at a valuation of more than $1.5 trillion. What to know : SpaceX has filed its S-1 with the Securities and Exchange Commission, confirming plans for an initial public offering expected next month that could be the largest in history. The company is reportedly seeking a valuation of more than $1.5 trillion, which would place it among the 10 most valuable publicly traded firms globally and further boost Elon Musk’s net worth. SpaceX’s filing highlights its dominant positions in reusable rocket launches and Starlink satellite internet, as well as its sizable bitcoin holdings of 18,712 BTC, at fair value of $1.29 billion, as of March 31.