Key facts
- SpaceX now holds 18,712 BTC.
- The company's Bitcoin holdings are valued at approximately $1.29 billion.
- SpaceX is the eighth-largest public holder of Bitcoin.
- SpaceX is scheduled to begin trading on the Nasdaq under the ticker SPCX.
SpaceX has become the eighth-largest public holder of Bitcoin, possessing 18,712 BTC valued at approximately $1.29 billion. The company is slated to commence trading on the Nasdaq under the ticker symbol SPCX.
This development positions SpaceX among major corporations that have added Bitcoin to their balance sheets. The exact timing and rationale behind SpaceX's Bitcoin acquisition were not detailed in the report.