SpaceX's valuation has soared to $80 billion, driven by the growth of its Starlink satellite broadband service. The company, led by Elon Musk, has achieved a significant first-mover advantage with Starlink, which operates over 9,000 satellites in low Earth orbit, offering faster and cheaper internet compared to traditional geostationary satellites.
In addition to its advancements in satellite technology, SpaceX maintains a notable cryptocurrency holding, with 8,285 BTC still in its possession. This follows a Bitcoin purchase made four years ago, as reported by Arkham monitoring data.
SpaceX Valuation Hits $80 Billion Amid Starlink Expansion
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