SpaceX, the aerospace company founded by Elon Musk, currently holds 8,285 bitcoin (BTC) valued at approximately $603 million, stored in Coinbase Prime custody. This comes despite the company reporting a staggering $5 billion loss for the year 2025, a stark contrast to the $8 billion profit it achieved the previous year. Although SpaceX's revenue increased to $18.5 billion, the integration costs associated with Musk's artificial intelligence venture, xAI, have significantly impacted profitability. The company has not altered its bitcoin holdings since mid-2024, indicating a steadfast commitment to bitcoin as a treasury asset, even in light of its financial challenges. As it prepares for an initial public offering (IPO), this bitcoin position will be disclosed publicly for the first time, potentially requiring fair-value accounting under new regulations. SpaceX's bitcoin holdings make it the fourth-largest known corporate holder of the cryptocurrency, following Strategy, Marathon Digital, and Riot Platforms.