Starlink Revenue Hits New High, SpaceX Valuation Approaches $1.6 Trillion, Still Holds 8,285 BTC

Odaily News SpaceX's dominance in the rocket launch and satellite broadband internet service sectors was further solidified in December last year, with reports indicating an internal stock transaction valuing the company at $800 billion. There is even speculation that Musk's aerospace venture may go public this year, targeting a valuation nearly double that figure. SpaceX holds a significant first-mover advantage with "Starlink," a project that provides broadband internet via over 9,000 small satellites deployed in low Earth orbit. This service offers faster speeds and lower costs compared to services provided by satellites in geostationary orbit. Furthermore, according to Arkham monitoring data, the company still holds 8,285 BTC, four years after its initial Bitcoin purchase. (Jin10)