SpaceX recorded a $112 million unrealized loss on its holdings last year. In 2024, the company notched a $955 million gain on paper from holding the digital asset.
Although the aerospace company has maintained a hefty position, Wednesday’s filing suggests that the firm trimmed a portion of its original stockpile in previous years. Tesla, meanwhile, owns 11,509 Bitcoin on its balance sheet, a position that grew smaller as the crypto market slid in 2022.
OpenAI Set to File for IPO Within Days, Targeting September Listing: WSJ
Wednesday’s IPO filing makes no mention of Musk’s “fav cryptocurrency.”
