SpaceX is still holding 18,712 bitcoins!

[bbc.reporter]

It is very headshaking that there are people in this forum that are spreading a storyline that Elong is only allowing SpaceX and Tesla to hold bitcoin in their treasury because Elong only wants attention for these companies.

This is not only headshaking. This is also very much stupid! A marketing budget would be a much cheaper choice if Elong only wants attention for these companies heheheheh.



SpaceX officially confirmed plans to go public on Wednesday, setting the stage for what could become the largest initial public offering in history and potentially push CEO Elon Musk toward becoming the world’s first trillionaire.

The rocket and satellite internet company filed its S-1 registration statement with the U.S. Securities and Exchange Commission, giving investors their first detailed look inside one of the world’s most valuable private firms ahead of a planned IPO expected next month.

SpaceX as of March 31 held 18,712 bitcoin on its balance sheet at a fair value of $1.29 billion, according to the filing. Those holdings would be worth closer to $1.45 billion today, with bitcoin trading just above $77,000.

The holding places the company among a small group of major corporations with significant bitcoin holdings. Musk's other company, Tesla, holds 11,509 bitcoin in its balance sheet, according to BitcoinTreasuries data.

Read in full https://www.coindesk.com/markets/2026/05/20/elon-musk-s-spacex-holds-18-712-bitcoin-at-fair-value-of-usd1-29-billion-ipo-filing-shows

[Oshosondy]

I just hope Elon Musk will not use bitcoin to advertise any other coins like doge. I still remember how he made Tesla accepted bitcoin as payment for the car purchase in 2021, but he suddenly said Tesla has stopped accepting bitcoin as payment, that he will accept a coin that is using just 1% of the energy bitcoin is using for mining. We all knew it was doge he was going for and he later accepted doge. What was more painful was how bitcoin crashed at the time.

[bitbollo]

They would adopt and accept bitcoin in the whole X ecosystem... Definetely they will use bitcoin in my opinion and not just "store"/ use as a new form of capital. I am not surprised at all, both from the "economic value" , or by technology value...
At least they are not supporting memecoins or other altcoins.
Any attempt to put effort in this activity would just delay a fair adoption of bitcoin as form of payment.

[FinneysTrueVision]

Elon’s companies were some of the first to have Bitcoin as part of their treasury. At the time, it seemed like it was an ideological move but after the sudden change of mind, when Tesla stopped accepting Bitcoin after a few months and even sold most of their holdings, people were more dismissive.

Trying to promote Dogecoin as a serious thing also made me skeptical of Musk. SpaceX might still be holding Bitcoin, but Bitcoin has grown beyond the point where this gives it any meaningful validation. SpaceX does not impact Bitcoin in any way. SpaceX will likely be worth over $1 trillion when it goes public, so holding a small amount of Bitcoin won’t really matter much to them either.

[X-ray]

I just hope Elon Musk will not use bitcoin to advertise any other coins like doge. I still remember how he made Tesla accepted bitcoin as payment for the car purchase in 2021, but he suddenly said Tesla has stopped accepting bitcoin as payment, that he will accept a coin that is using just 1% of the energy bitcoin is using for mining. We all knew it was doge he was going for and he later accepted doge. What was more painful was how bitcoin crashed at the time.

Yeah, elon stopping support for BTC payment due to fossil fuel concern only to later on create Collosus AI data center running 1 million GPUs with the same fuel. I still hope they accept bitcoin again though.

They would adopt and accept bitcoin in the whole X ecosystem... Definetely they will use bitcoin in my opinion and not just "store"/ use as a new form of capital. I am not surprised at all, both from the "economic value" , or by technology value...
At least they are not supporting memecoins or other altcoins.
Any attempt to put effort in this activity would just delay a fair adoption of bitcoin as form of payment.

I see it as investment diversification and nothing more though, if only SpaceX accepts bitcoin for their Starlink payment the same way tesla accepts dogecoin for their car payment.

[arzuo]

Many people lose their enthusiasm after seeing this kind of news.
These are usually done by big marketers.
I think this is a deliberate propaganda, where big names are used to prove the news is true.

And this is done when Bitcoin is sold at a high📈price and then bought back at a low 📉 price.
Which is why I am noticing that some things have gone 〽 down.

[bitmover]

I remembered when  elon musk said he was going to accept some in Tesla because it should be faster and cheaper.
Just a Twitter post looking for engagement or whatever.  His companies are heavily invested in btc looks like

[hugeblack]

Details about companies owning Bitcoin have been part of Bitcoin's history, but after the approval of US ETFs, such news has lost its significance and is no longer followed by many. Therefore, many people don't care whether SpaceX still owns Bitcoin or not.

[MinoRaiola]

I just hope Elon Musk will not use bitcoin to advertise any other coins like doge. I still remember how he made Tesla accepted bitcoin as payment for the car purchase in 2021, but he suddenly said Tesla has stopped accepting bitcoin as payment, that he will accept a coin that is using just 1% of the energy bitcoin is using for mining. We all knew it was doge he was going for and he later accepted doge. What was more painful was how bitcoin crashed at the time.

You are right, but the media write the situation with a lot of drama in the past. But things are changing in America, and that could be a great change in the future. Im mean the Clarity Act, that could serve as a foundation for better security for companies. I know Bitcoin doesnt need that, but maybe companies like SpaceX need, and Elon Musk dont manipulating the DOGE price. I can imagine that in the future, Bitcoin will be accepted again at Tesla and will stay longer this time.

[Zlantann]

It is very headshaking that there are people in this forum that are spreading a storyline that Elong is only allowing SpaceX and Tesla to hold bitcoin in their treasury because Elong only wants attention for these companies.

This is not only headshaking. This is also very much stupid! A marketing budget would be a much cheaper choice if Elong only wants attention for these companies heheheheh.

Your sincerity towards a project would be in doubt if you are inconsistent. I don't blame people who think that Elon Musk is using Bitcoin for publicity because he has not been a consistent promoter. In 2021, Elon stopped using Bitcoin to buy Tesla cars, citing environmental concerns. He has also criticised Bitcoin technology, claiming that the transaction process is slow and the fees are high.

Fast forward to his latest comment

In a fresh post shared on social media platform X, Musk has shown his support behind Bitcoin, calling its energy-based foundation a key reason for its long-term value.

His inconsistency is making people doubt his sincerity.

[Free Market Capitalist]

Details about companies owning Bitcoin have been part of Bitcoin's history, but after the approval of US ETFs, such news has lost its significance and is no longer followed by many. Therefore, many people don't care whether SpaceX still owns Bitcoin or not.

That's right—for institutional investors, it's much more convenient to buy Bitcoin through an ETF, and these companies don't manage their own private keys either; they do so through Coinbase Custody or similar services.

There was a lot of anticipation that, with so many companies holding Bitcoin in one way or another, a supply shock would occur that would send the price skyrocketing. But so far, that hasn't happened; on the contrary, the price performance since the launch of Bitcoin ETFs and all this institutional adoption has been disappointing.

[BattleDog]

I think people are mixing two separate things here. A company holding Bitcoin on its balance sheet is not the same as that company using Bitcoin in any meaningful operational sense. If SpaceX has 18k BTC sitting there, that is treasury exposure, not adoption. Useful, interesting, and probably better than holding some fiat pile, but still not the same as paying suppliers, accepting BTC for Starlink globally, or settling launch contracts in Bitcoin.