That makes SpaceX one of the largest corporate Bitcoin holders in the world, ahead of Tesla’s reported BTC holdings and behind only a handful of major treasury-heavy firms like Strategy. The filing also revealed that SpaceX originally accumulated over 25,000 BTC back in 2021 and has continued holding a significant portion of that position throughout multiple market cycles.

The disclosure adds another layer of interest to the highly anticipated IPO. Investors buying SPCX shares on June 12 will indirectly gain exposure not only to Elon Musk’s space company, but also to one of the largest Bitcoin treasuries held by a publicly traded corporation. Analysts say the Bitcoin allocation could become a major talking point for both crypto investors and institutional funds once trading officially begins.