Elon Musk's SpaceX held 18,712 bitcoin at fair value of $1.29 billion at end of Q1, IPO filing shows

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Elon Musk's SpaceX currently holds 18,712 bitcoin at a fair value of $1.29 billion, according to its Q1 IPO filing. The rocket and satellite company is seeking a valuation of more than $1.5 trillion through its public offering. This significant investment in bitcoin underscores the growing adoption of cryptocurrencies within the tech industry.