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SpaceX's Bitcoin Stash Revealed: Crypto Space Rockets into Frenzy!

Hold onto your hats, folks, because Arkham Intelligence just dropped a bombshell: SpaceX, Elon Musk's aerospace juggernaut, is sitting on a goldmine of Bitcoin! Yep, you heard that right – a whopping 8,290 BTC, worth a jaw-dropping $560 million, hidden in 28 different wallets. It's like finding buried treasure in outer space!

But wait, there's more! It's not just about Bitcoin – SpaceX's revenues are blasting off too, thanks to their Starlink satellite program. Payload Space estimates that in 2023 alone, SpaceX raked in a mind-blowing $4.2 billion, with a cool $830 million coming from Starlink terminals alone. Talk about intergalactic profits!

And let's not forget about Tesla, Elon's other brainchild. Turns out they're not just making electric cars – they're also stacking up Bitcoin like it's going out of style. With 11,510 BTC valued at a cool $780 million, Tesla's crypto stash is no joke. But here's the kicker – they sold off a whopping 75% of their BTC during the crypto crash of 2022. Talk about a wild ride!

Now, hold onto your space helmets because here's where it gets even crazier. The revelation of SpaceX's Bitcoin stash sent shockwaves through the crypto market, with Arkham Intelligence's token (ARKM) skyrocketing a mind-blowing 20% in just 24 hours! It hit a peak of $3 per token, the highest it's ever been since its launch. But buckle up, folks, because the ride's not over – ARKM might be at $2.85 now, but with the whole crypto market going bonkers, who knows where it'll land next?

So there you have it, folks – SpaceX, Tesla, Bitcoin, and a whole lot of interstellar drama. Strap in, because this rollercoaster ride is far from over!