What SpaceX’s Latest Satellite Launch Means for Crypto?
news

What SpaceX’s Latest Satellite Launch Means for Crypto?

THELOGICALINDIAN - Yesterday 60 Starlink satellites were launched in the apogee from SpaceXs Falcon 9 barrage agent authoritative Elon Musks afterlife the better in apogee But what does it beggarly for crypto adoption

SpaceX Falcon 9 Launched 60 Satellites

The Falcon 9 is the aforementioned rocket that launched the aboriginal 60 SpaceX satellites in May 2024 bringing higher-speed communications to earthlings far and wide. SpaceX tweeted out the acknowledged deployment of satellites about 4 hours ago:

A “static-fire” analysis was conducted as allotment of a accepted alternation of prelaunch procedures and amid the aftermost above milestones afore liftoff. During this test, the aboriginal stage’s nine Merlin 1D engines were afire with success.

The two-stage rocket lifted off on Monday at 9:19 p.m. EST. Yesterday’s SpaceX Falcon 9 barrage will mark the aboriginal of the year from Florida’s Amplitude Coast. 

What SpaceX Satellite Launches Mean for Crypto

In 2019, Musk’s SpaceX launched a absolute of 13 times, with the aftermost mission accustomed a heavy-weight communications accessory for a Japanese broadband provider and Singapore-based startup on Dec 16. 

SpaceX launched its aboriginal 60 satellites in May 2024 and again an added 60 in November. Today’s barrage will booty Musk’s accessory absolute to about 180, already authoritative it the better afterlife in orbit.

That’s still a bead in the brazier for Musk, however. The starstruck South African agent affairs to abound a beginning afterlife of eventually added than 40,000 satellites strong.

The satellite ablution company architect said that the aggregation would charge at atomic 400-800 Starlink satellites to accommodate accessory to abstinent broadband coverage. With beneath than 10 added launches, SpaceX could alpha alms broadband in the United States.

Yesterday’s falcon has already aureate three acknowledged missions, and this third accumulation of Starlink satellites is advised to “provide all-around internet access.” 

Greater admission to the internet common agency greater admission to cryptocurrency. As Bitcoinist has ahead reported, in the accident of a government aggravating to shut bottomward a ability grid, Bitcoin can be beamed bottomward from space.

May the force be with you Elon. And may your SpaceX authority advice to actuate both satellites and crypto.

Do you anticipate SpaceX accessory launches will advance crypto adoption? Let us apperceive your thoughts in the comments below!

Images via Shutterstock, Twitter: @SpaceX