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SpaceX

SPCX

Market valuation vs the Bitcoin it holds

1378.75×
Premium
a 137775% premium to Bitcoin NAV

SpaceX trades at 1378.75× its Bitcoin NAV — you pay $1378.75 for every $1 of Bitcoin it holds, a 1.20B USD pile.

Live · last updated

BTC held
18,712 BTC
Bitcoin treasury
Bitcoin NAV
1.20B USD
at today's BTC price
Market cap
1.43T USD
Fully diluted
Share price
108 USD
USD
Last BTC buy
18.7K BTC
Jun 12, 2026

mNAV over time

Full history · diluted

Today's 1378.75× sits in a 52-week range of 1185.83× to 2149.62×.

mNAV · 52-week range
1185.83×–2149.62×
1185.83×now 1378.75×2149.62×

About SpaceX

SpaceX (SPCX) owns 18,712 BTC. At today's price that Bitcoin is worth 1.20B USD. The market caps the whole company at 1.43T USD 1378.75× its Bitcoin. Put plainly: you pay $1378.75 for every $1 of Bitcoin it holds, a 137775% premium for everything that isn't the Bitcoin. It bought in at an average of 35.3K USD per coin.

SpaceX (SPCX) mNAV — frequently asked

What is SpaceX (SPCX)'s mNAV?
SpaceX's mNAV is currently 1378.75×. mNAV divides SPCX's market capitalisation by the value of the Bitcoin it holds, so 1378.75× means the market values the company at 1378.75× the worth of its Bitcoin treasury (1.20B USD).
Is SpaceX (SPCX) overvalued versus its Bitcoin?
At 1378.75×, SpaceX (SPCX) trades at a 137775% premium to the Bitcoin it holds. Whether that is rich or cheap is best read against its own history: over the past year its mNAV has ranged 1185.83×–2149.62×.
How much Bitcoin does SpaceX (SPCX) hold?
SpaceX holds 18,712 BTC, worth 1.20B USD at current prices. Its most recent purchase was 18.7K BTC on Jun 12, 2026.

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