SpaceX Becomes World's Fifth-Largest Company Holding 18,712 BTC

SpaceX completed its record Nasdaq IPO on June 12 under ticker SPCX, raising $75 billion at $135 per share with greenshoe proceeds exceeding $86 billion and shares closing at $160.95 for a valuation above $2 trillion. The May 20 S-1 filing first revealed the company's 18,712 BTC treasury acquired for $661 million and valued at $1.29–1.45 billion, instantly ranking it eighth among public Bitcoin holders. Combined with Tesla’s 11,509 BTC, Musk-linked holdings now rank fourth overall, embedding direct Bitcoin exposure in a $2 trillion public company and subjecting future earnings to quarterly fair-value volatility.