SpaceX Moves $94M in Bitcoin, IPO Preparations?

SpaceX, a private aerospace company, has been transferring significant amounts of Bitcoin, totaling over ninety-four million dollars, every week for the past two months. This move comes as the company prepares for a potential initial public offering in two thousand twenty-six, which could raise over thirty billion dollars and value the company at one point five trillion dollars. SpaceX currently holds eight thousand two hundred eighty-five Bitcoin, valued at approximately seven hundred seventy million dollars.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.