Elon Musk’s SpaceX holds $1.45 billion worth of bitcoin as firm looks to go public

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Elon Musk's SpaceX is reportedly holding a substantial $1.45 billion worth of bitcoin, consisting of over 18,000 units, which would place the firm as the seventh-largest Bitcoin holder, surpassing Coinbase. This significant accumulation positions SpaceX to potentially capitalize on future market fluctuations, as the company prepares for a highly anticipated initial public offering.