SpaceX’s initial public offering (IPO) filing shows the company holds more bitcoin than previously estimated, according to multiple reports. CoinDesk and Decrypt state that SpaceX reported 18,712 bitcoin at the end of Q1, measured at fair value of about $1.29 billion. Bloomberg similarly reports that the company’s bitcoin holdings are more than double earlier estimates, citing the SEC filing details. CoinTelegraph also points to the same larger-than-expected position and notes that, based on its holdings, SpaceX’s bitcoin would rank among the largest positions held by public companies. The outlets further describe the IPO context: SpaceX is preparing for a public listing that is expected to value the company at more than $1.5 trillion, with some reports describing the IPO timing as likely next month. Across the sources, the central common element is the disclosed bitcoin amount and its valuation basis in the filing, along with the broader view that the disclosure emerges as SpaceX advances toward an IPO.