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

SpaceX's dominance in rocket launches and satellite broadband internet services was reaffirmed in December last year, with reports indicating that an internal stock transaction valued the company at $800 billion. There are even speculations that Elon Musk's aerospace company may sell shares to the public this year, aiming for a 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 speeds and lower costs compared to services from satellites in geostationary orbit. Additionally, according to Arkham monitoring data, since purchasing Bitcoin four years ago, the company still holds 8,285 BTC. $BNB