Home SpaceX Launches 29 Starlinks As $573M Bitcoin Treasury Nears IPO

SpaceX Launches 29 Starlinks As $573M Bitcoin Treasury Nears IPO

Share
SpaceX Launches 29 Starlinks As $573M Bitcoin Treasury Nears IPO
News
Share

SpaceX, the aerospace company majority-owned by Elon Musk, successfully deployed 29 Starlink internet satellites on March 19 via a Falcon 9 rocket launched from Cape Canaveral, Florida.

While the launch itself was routine for the world’s busiest launch provider, its significance extends well beyond satellite deployment.

SpaceX currently holds 8,285 Bitcoin (BTC) on its balance sheet, worth approximately $573.8 million at current prices. That makes it the 18th-largest corporate Bitcoin treasury globally, according to on-chain data verified by Arkham Intelligence.

SpaceX Launches 29 Starlinks As $573M Bitcoin Treasury Nears IPO

And with the company now widely expected to go public as early as June 2026, that Bitcoin stack is about to get a lot more attention.

Various outlets have pegged the expected valuation at around $1.75 trillion, which would place SpaceX comfortably in the top 10 most valuable public companies in the world.

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

Kraken Launches AVAX Staking Services For Global Users
News

Kraken Launches AVAX Staking Services For Global Users

Kraken now lets users stake Avalanche’s AVAX token, so eligible users can earn rewards directly on the exchange. Kraken said users can...

Harvard Exits Entire Ethereum Position After One Quarter
News

Harvard Exits Entire Ethereum Position After One Quarter

Harvard University’s endowment fund has sold all its Ethereum investment after holding it for only one quarter, according to recent SEC filings....

MoonPay Acquires Decent, Launches Institutional Platform For Tokenized Assets & DeFi
News

MoonPay Acquires Decent, Launches Institutional Platform For Tokenized Assets & DeFi

MoonPay, a crypto payments company, has bought the cross-chain startup Decent in a deal worth tens of millions. This move helps MoonPay...

IG Expands European Crypto Trading Through Bitpanda Partnership
News

IG Expands European Crypto Trading Through Bitpanda Partnership

IG Group, a London-listed trading platform, plans to grow its crypto trading services in Europe by partnering with the Austrian exchange Bitpanda....

Latest Blogs

How To Spot The Next Big Memecoin

Inspired by online jokes and viral trends, memecoins are the not-so-serious and rather amusing part of digital coins that thrive on community...

AI & Web3: New Age Careers With High Income Potential?

The smartest move going forward right now is to build a career in next generation internet, AI and Web3. The good news...

Art Of Becoming A Memecoin Master & Staying Ahead

Within the cryptocurrency market, memecoins are a more lighthearted and entertaining segment. They are created from online comedy, viral trends, and jokes....

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization increases accessibility, quickness and transparency, pushing markets to expand rapidly,...

Related Articles

How To Spot The Next Big Memecoin

Inspired by online jokes and viral trends, memecoins are the not-so-serious and...

AI & Web3: New Age Careers With High Income Potential?

The smartest move going forward right now is to build a career...

Art Of Becoming A Memecoin Master & Staying Ahead

Within the cryptocurrency market, memecoins are a more lighthearted and entertaining segment....

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization...