Starlink revenue hits new high, SpaceX valuation approaches $1.6 trillion, currently holding 8,285 BTC

Odaily Planet Daily reports that SpaceX’s dominance in rocket launches and satellite broadband internet services was reaffirmed last December, with reports indicating that an internal stock transaction has valued the company at $800 billion. There are even speculations that Elon Musk’s aerospace company may go public this year, with a target valuation nearly double that figure. Leveraging the “Starlink” project, SpaceX has a significant first-mover advantage. The project deploys over 9,000 small satellites in low Earth orbit to provide broadband internet, offering faster and cheaper services compared to satellites in geostationary orbit. Additionally, according to Arkham monitoring data, since purchasing Bitcoin four years ago, the company still holds 8,285 BTC. (Jin10)