Space Exploration Technologies Corporation (NASDAQ: Spex), known as SpaceX, owns 18,710 bitcoins (Bitcoin) since its initial public offering on June 12, 2026.
After making its largest IPO on Friday, with Bitcoin on its balance sheet in the name of Finbold I mentionedSpaceX held the same amount of BTC as of press time. As such, the company, led by CEO and founder Elon Musk, saw $55.2 million in unrealized Bitcoin gains, rising from $1.15 billion on Friday to $1.21 billion on June 15.
Notably, the price of Bitcoin has risen by 5% over the past four days, rising from $63,521 on Friday to about $67,170 at the time of reporting. As a result, SpaceX remained the eighth-largest publicly traded company holding bitcoin as part of its strategic treasury reserve at press time, according to Updates from BitcoinTreasuries.
Bitcoin price rebounded after SpaceX IPO
SpaceX’s IPO has likely impacted bullish sentiment in the Bitcoin price. Over the past four days, Bitcoin has rebounded about 6.77%, rising from $62,910 on Friday to about $67,170 on Monday.
Bitcoin price has faced significant selling pressure over the past few days, coinciding with the SpaceX IPO, such as Finbold He explained. Moreover, US exchange-traded funds (ETFs) recorded their highest monthly cash flow on Friday.
If the momentum to shift capital into Bitcoin continues over the coming days, more bullish sentiment could follow. The momentum in capital turnover towards Bitcoin could be further strengthened if SpaceX increases its holdings, which could indicate its interest in the long term. Furthermore, the company revealed in its May 20 S-1 filing with the US Securities and Exchange Commission (SEC) that its Bitcoin holdings had increased.
