SpaceX closes $75B IPO on June 12 and discloses 18,712 BTC on its balance sheet

SpaceX said it completed a $75 billion IPO on June 12 while holding Bitcoin on its balance sheet. The company disclosed 18,712 BTC worth about $1.19 billion at press time, and reported an unrealized gain of $431 million. As shares began trading on Friday, BTC briefly reached around $64,300 before trading near $64,720, up 1.57% over 24 hours.