SpaceX is reportedly considering an initial public offering (IPO) in June, with a potential valuation exceeding $1.75 trillion. The company, which holds approximately 8,285 Bitcoin valued at around $545 million, has experienced an unrealized loss of $235 million since December, reflecting the market volatility that has affected several corporate holders of Bitcoin. This move comes as SpaceX has made significant advancements in Starship testing and Starlink deployment, further fueling speculation about its public listing.
SpaceX plans June IPO, holds 8,285 BTC with $235M loss
