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)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
A whale opened BTC and ETH long positions with 20x leverage, with a total value of approximately $40 million
Gate News: Message, April 8, according to on-chain analyst Onchain Lens monitoring, a whale address "0x049" opened long positions for BTC and ETH with 20x leverage. The holdings include 279.8 BTC and 8,918 ETH, with a total value of about $40 million.
GateNews4m ago
XRP zooms 5% on bitcoin strength, but trend reversal still unconfirmed
XRP has broken above resistance at $1.37, indicating a potential tactical breakout, though the overall trend remains bearish. Key technical signals and strong volume suggest some accumulation, but market conviction is mixed. Traders should monitor price levels around $1.37 and aim for a significant test at $1.40-$1.42.
CoinDesk5m ago
Bitcoin may hit $110K as Strategy absorbs nearly 3x new BTC supply
Bitcoin (BTC) is trading within a bear flag pattern that projects a breakdown toward the sub-$50,000 area, or roughly 30% below current levels. However, Michael Saylor’s Strategy could spoil the bears’ plans.
_BTC/USD three-day price chart. Source: __TradingView_
Key takeaways:
Bitcoin has
Cointelegraph1h ago
BTC futures open interest fell from $42 billion to $21 billion, as the market underwent deep deleveraging
Bitcoin futures open interest has fallen from its October 2025 peak to $21.0 billion, as the market undergoes a deep deleveraging. With leverage currently low, funding-rate volatility is high, long and short positioning switches frequently, and in the short term Bitcoin lacks a clear trend.
GateNews1h ago
