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SpaceX's Bitcoin Holdings Are Bigger Than Markets Expected

Bloomberg reported on May 27, 2026 that SpaceX's latest regulatory filing (S1) shows the company holds 18,712 Bitcoin, valued at about $1.3 billion. The filing classifies the position as a treasury reserve asset, alongside traditional holdings such as cash or bonds. With what is expected to be the world's largest IPO approaching, the company's finance team appears to be treating Bitcoin as a long-term inflation hedge or a strategic home for excess liquidity. The document also states SpaceX has not sold any Bitcoin since the end of 2024.
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