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BlockBeats News, June 13th, it was reported that Elon Musk's SpaceX has officially gone public. In its IPO, SpaceX disclosed in its S-1 filing to the U.S. SEC that it holds 18,712 BTC. Based on the current price of approximately $63,000, this BTC holding is valued at around $1.18 billion, making SpaceX the 8th largest publicly traded company in terms of Bitcoin holdings. SpaceX's Bitcoin position has been on its balance sheet for some time, with an average purchase cost of around $35,000, presenting significant potential gains.
Another publicly traded company under Musk, Tesla, holds 11,509 BTC. Together, SpaceX and Tesla hold a total of 30,221 BTC. If the two companies were to merge, their Bitcoin holdings would be sufficient to rank as the 5th largest globally among publicly traded companies. SpaceX's IPO has allowed traditional investment portfolios to indirectly gain Bitcoin exposure, showcasing the increasing acceptance of Bitcoin as a treasury asset by large strategic firms.
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