SpaceX Targets $30B IPO While Shifting Another $94M in Bitcoin

Elon Musk's aerospace juggernaut is plotting a dual trajectory: a massive public offering and another major crypto maneuver.

The IPO Playbook

Forget moonshots—Wall Street is the next destination. SpaceX is reportedly eyeing a public market debut that could value the company at a staggering $30 billion. That's not just rocket science; it's financial engineering on a galactic scale. The move would unlock unprecedented capital, fueling ambitions from Mars colonization to global satellite internet.

The Bitcoin Gambit

While bankers polish the IPO prospectus, the treasury team is busy on another frontier. Another $94 million worth of Bitcoin just changed wallets. Is it a strategic reallocation, a liquidity move ahead of the listing, or simply Musk keeping the crypto markets on their toes? The pattern is clear: digital assets remain core to the corporate playbook.

Why This Fusion Matters

This isn't just corporate news. It's a signal flare. When a flagship private company—a symbol of tangible innovation—marries a traditional IPO with continued crypto activity, it blurs the lines between legacy finance and the digital frontier. It tells institutional investors that blockchain isn't a side project; it's part of the balance sheet.

The cynical take? Watch the investment banks collect their 7% underwriting fees on the IPO while preaching fiscal prudence, all as their client quietly executes million-dollar Bitcoin transfers that bypass the entire traditional settlement system. The future of finance isn't coming—it's already here, and it's being built by people who'd rather own the rocket than a seat on it.

— Bloomberg (@business) December 10, 2025

Potentially the Largest IPO in History — SpaceX Valued at Up to USD 1.5 Trillion

According to a Bloomberg report, the IPO discussions place. If finalized and priced as expected, it could become.

Sources familiar with the matter say management and advisors are evaluating a, though the schedule may shift based on market conditions. A postponement intois also possible depending on macroeconomic factors and investor sentiment.

Two people with direct knowledge of the talks said SpaceX intends to allocate a portion of its IPO proceeds to build, which would include purchasing the chips and infrastructure needed to operate them.

SpaceX’s Bitcoin Activity Draws Attention

Alongside the IPO rumors, the company’sremains under close watch.

On-chain data shows that today’stransfer marks:

• The second large Bitcoin movement this month
• The ninth major BTC transfer so far in 2025

SpaceX(@SpaceX) just transferred out another 1,021 $BTC($94.48M), to possibly Coinbase Prime for custody.https://t.co/zW62EKM2RD pic.twitter.com/PwBIvD5RaR

— Lookonchain (@lookonchain) December 10, 2025

In total, SpaceX has transferredyear-to-date, worth roughlyat current market value.

According to BitcoinTreasuries data,, with Block.one ranking first among private firms.

Notably, all of these transactions were conducted through, an institutional-grade custodial platform. Market analysts generally believe these transfers represent, rather than large-scale selling.

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