SpaceX filed its long-awaited S-1 with the Securities and Exchange Commission Wednesday — and it is bringing a substantial Bitcoin position into the public markets.

The Elon Musk-led aerospace company holds 18,712 BTC, valued at approximately $1.45 billion, according to the S-1. The coins were purchased at a cost basis of $661 million, or roughly $35,000 per coin — a price Bitcoin last touched in late 2023. 

That stake makes SpaceX the seventh-largest known corporate Bitcoin holder in the world, ahead of Coinbase.

SpaceX is targeting a Nasdaq listing under the ticker SPCX . The company has been valued in private markets at $1.75 trillion, a figure that would place it above Tesla…

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