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SpaceX IPO Filing to Reveal $545M Bitcoin Stash
Elon Musk’s SpaceX is preparing for a confidential IPO filing as soon as March, targeting a record-breaking $1.75 trillion valuation. The S-1 filing will reveal 8,285 BTC on the balance sheet. With prices down, the rocket company is sitting on hundreds of millions in paper losses. CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”
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