Topline
SpaceX became one of the largest public holders of bitcoin following its initial public offering Friday, with over 18,000 bitcoin as the aerospace company surged over 20% during its historic opening.
Gwynne Shotwell, President of SpaceX, is joined by company leadership as they ring the opening bell.
(Photo by Spencer Platt/Getty Images)
Key Facts
SpaceX is now the eighth largest public bitcoin holder with 18,712 BTC on its balance sheet, according to its proxy and BitcoinTreasuries.net.
The SpaceX bitcoin reserves had a value of about $1.2 trillion at noon EDT.
Combined with Musk’s Tesla (11,509 BTC), the two companies would rank No. 4 in public holders of Bitcoin.
This is a developing story. Check back for updates.