[69492] SpaceX's Mega-IPO: $1.75 Trillion Valuation and Disclosure of Bitcoin Holdings

SpaceX on the way to the largest IPO in history

Ahead of becoming a public company on the Nasdaq exchange, the aerospace company SpaceX has filed an official prospectus (S-1) with the U.S. Securities and Exchange Commission (SEC) under the ticker SPCX. According to Tech Updates, the company is expected to raise up to $75 billion in the offering, aiming for a phenomenal market valuation of approximately $1.75 trillion.

Reports indicate strong growth in the company's operations, with 2025 revenue totaling $18.67 billion. According to Tech Updates, the main engine for this growth is the Starlink satellite venture, which currently has 10.3 million subscribers. The documents also reveal that for the first time, the company is consolidating the activities of xAI and the X network under its umbrella.

Meanwhile, a surprising financial figure has been revealed in the company's asset portfolio. According to Israel News | Uncensored, SpaceX holds 18,712 Bitcoin with a total market value of approximately $1.5 billion. Those coins, according to the report, "were purchased for approximately $660 million" – a figure indicating a significant increase in the value of the company's original investment in the digital currency.

While Israel News | Uncensored focuses on the financial aspects of the disclosure and the crypto holdings, Tech Updates provides a broader overview of the business and technological infrastructures of SpaceX on its path to becoming a publicly traded giant.