The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
SpaceX's initial public offering successfully raised $87.5 billion, surpassing initial expectations of $75 billion by a significant $10 billion margin. Following this landmark listing, the company disclosed holding 18,710 Bitcoin in its corporate treasury. This disclosure occurred as part of the company's transition to a public entity, providing essential transparency into its balance sheet and final fundraising totals.
Sign in to access this content
Sign InThis listing positions SpaceX among the top corporate holders of Bitcoin, joining the ranks of entities like MicroStrategy and Tesla. According to market data, a treasury of 18,710 BTC represents a major institutional vote of confidence in digital assets as a balance sheet reserve. Compared to other mega-cap tech debuts, the IPO's performance reflects robust demand for the private space sector despite broader market volatility.
The SPCX stock stood at $160.95 (at close June 12, 2026), having reached a high of $176.52 during recent sessions. Investors are now looking toward the US CPI inflation data scheduled for June 10, 2026, which may impact risk appetite for growth and tech equities. Traders will also monitor support levels near $149.34, based on the instrument's recent low.