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SpaceX

SPCX

Market valuation vs the Bitcoin it holds

2124.64×
Premium
a 212364% premium to Bitcoin NAV

SpaceX trades at 2124.64× its Bitcoin NAV — you pay $2124.64 for every $1 of Bitcoin it holds, a 1.19B USD pile.

Live · last updated

BTC held
18.7K BTC
Bitcoin treasury
Bitcoin NAV
1.19B USD
at today's BTC price
Market cap
2.51T USD
Fully diluted
Share price
192 USD
USD
Last BTC buy
18.7K BTC
Jun 12, 2026

mNAV over time

Full history · diluted

Today's 2124.64× sits in a 52-week range of 1770.20× to 2149.62×.

mNAV · 52-week range
1770.20×–2149.62×
1770.20×now 2124.64×2149.62×

About SpaceX

SpaceX (SPCX) owns 18.7K BTC. At today's price that Bitcoin is worth 1.19B USD. The market caps the whole company at 2.51T USD 2124.64× its Bitcoin. Put plainly: you pay $2124.64 for every $1 of Bitcoin it holds, a 212364% 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 2124.64×. mNAV divides SPCX's market capitalisation by the value of the Bitcoin it holds, so 2124.64× means the market values the company at 2124.64× the worth of its Bitcoin treasury (1.19B USD).
Is SpaceX (SPCX) overvalued versus its Bitcoin?
At 2124.64×, SpaceX (SPCX) trades at a 212364% 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 1770.20×–2149.62×.
How much Bitcoin does SpaceX (SPCX) hold?
SpaceX holds 18.7K BTC, worth 1.19B USD at current prices. Its most recent purchase was 18.7K BTC on Jun 12, 2026.

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