January 6, 2025 2:42 AM | 2 min read See Also: Elon Musk’s Push For Crypto-Powered ‘Everything App’ Reflected In ‘X Money’ Leak As Bitcoin Hovers Around $100K Why It Matters: SpaceX’s advancement in satellite technology comes as the company maintains its position as the largest holding in ARK’s Venture Fund, representing 12.7% of the portfolio. The fund offers retail investors rare access to private space technology investments. The upcoming Starship test flight aims to demonstrate both payload deployment capabilities and booster recovery at the launch pad in Starbase, Texas. This development is crucial for NASA’s lunar missions and CEO Musk’s broader vision of Mars colonization. SpaceX’s latest reported private market valuation exceeds $250 billion, with shares reportedly trading at $135 in recent tender offers, underscoring investor confidence in the company’s satellite internet strategy and broader space transportation goals. Read Next: