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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InIn a move reflecting the growing adoption of digital assets in corporate treasury strategies, SpaceX has disclosed holdings of approximately 18,712 Bitcoin. This position is valued at roughly $1.29 billion, positioning the company as the 8th largest public corporate holder of Bitcoin globally. These disclosures come as the company prepares to commence trading on the Nasdaq exchange under the ticker SPCX this Friday.
This disclosure places SpaceX alongside major firms like MicroStrategy and Tesla that utilize Bitcoin as a reserve asset; MicroStrategy alone holds over 214,000 BTC per market data. This trend aligns with surging institutional interest, as Bitcoin ETFs have attracted billions in inflows since early 2024 (according to Bloomberg research). The public debut of a mega-cap like SpaceX with a crypto-backed balance sheet further strengthens the link between frontier technology and digital finance.
Investors should closely watch the performance of SPCX at the open on June 12, 2026, as initial trading will gauge market appetite for Elon Musk-led ventures tied to crypto. According to the economic calendar, the recent Chinese inflation data from June 10, 2026 (1.2% YoY) has set a backdrop for global risk sentiment, while traders await upcoming central bank catalysts that could impact the valuation of high-growth equity and digital assets.