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via The Block · By The Block Editorial

Elon Musk’s SpaceX holds $1.45 billion worth of bitcoin as firm looks to go public

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TB
The Block Editorial
(09:24 PM UTC)
1 min read
JM
Updated byJames Mitchell

Elon Musk’s SpaceX reported holding 18,712 bitcoins, according to the Form S-1 it filed with the U.S. Securities and Exchange Commission in preparation for a public listing.

The document said those bitcoins, held as of Dec. 31, were acquired at a cost basis of $661 million, equating to about $35,000 per coin.

SpaceX began acquiring bitcoin (BTC) in 2021, around the same time as Tesla's…

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The Block Editorial · The Block

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