SpaceX reported $1.098 billion of digital assets on its balance sheet at June 30, down from $1.637 billion at the end of 2025, while its second-quarter revenue nearly doubled year over year. The figures come from the company's quarterly filing for the quarter ended June 30.
The filing lists 18,712 bitcoin among the company's digital assets. The value decline therefore reflects the market value of the holding at the reporting date, rather than a disclosed change in the number of coins. SpaceX did not include a new public statement describing a change to its bitcoin policy.
Revenue rose to $7.814 billion from $4.071 billion in the same quarter a year earlier. The company reported a net loss of $541 million, narrower than the $1.008 billion loss recorded in the year-ago period. Adjusted EBITDA was about $3.5 billion, according to CoinDesk's account of the filing.
A smaller asset line beside a larger operating business
The numbers put SpaceX's bitcoin exposure in the context of a company whose core business is expanding quickly. The revenue result reflects launch services, Starlink and other operations, so the digital-asset line is only one part of a much larger balance sheet. Even a large dollar swing in bitcoin value can sit beside stronger operating performance.
The filing also puts a date on a potential change in the company's share base. About 912 million shares held by employees and early backers are eligible for sale beginning Aug. 6, a development that could affect liquidity and the way investors value the private company if those shares begin changing hands.
The next useful disclosures will be the size and composition of the digital-asset balance at the next reporting date, along with any explanation of whether SpaceX is holding bitcoin as a treasury asset, as part of its investment portfolio, or for another corporate purpose. For now, the filing shows a lower reported value and a steady disclosed bitcoin count alongside a strong quarter for the operating business.
