Bitcoin Price Holds Steady Ahead of SpaceX's Listing -- WSJ

Dow Jones06-12

By Vicky Ge Huang

Bitcoin was flat Friday morning ahead of SpaceX's stock-market debut. The largest cryptocurrency recently traded around $63,300, with about half of its value erased since reaching an early-October peak above $126,000.

SpaceX holds about 18,712 bitcoin on its balance sheet, valued at nearly $1.2 billion based on recent prices. The company originally spent $661 million to acquire its bitcoin stash, according to its S-1 filing.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

June 12, 2026 09:53 ET (13:53 GMT)

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The largest cryptocurrency recently traded around $63,300, with about half of its value erased since reaching an early-October peak above $126,000. \n\n\n     SpaceX holds about 18,712 bitcoin on its balance sheet, valued at nearly $1.2 billion based on recent prices. The company originally spent $661 million to acquire its bitcoin stash, according to its S-1 filing. \n\n\n       This item is part of a Wall Street Journal live coverage event. 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