SpaceX Leading on Launches
A chart by Chartr. SpaceX, which has a wide-ranging set of commercial interests beyond taking tourists to the edge of space, continues to move forward — with a tender offer reported last week that could value it at $175bn. Plans for thousands of internet satellites, commercial travel to the moon, a base on the lunar surface and even loftier goals to turn the human race into an interplanetary species by colonizing other planets, are all ambitions of the California-based company. SpaceX has catalyzed much of the excitement about space tourism. The company’s two-stage Falcon 9 rocket is able to launch a kilogram into low-Earth orbit for just ~$1,500, a 10-20x decrease in cost in roughly as many years. That's due to its (partial) reusability — a breakthrough that’s helped SpaceX dominate commercial launchpads in the US. Indeed, FAA data reveals that SpaceX has completed 281 licensed launches since 2000 — 9x as many as Blue Origin and Virgin Galactic have managed between them. Source: Chartr
Some guys never rest...
Gemini AI
Ivana SPEAR just published Spear's AI primer and ecosystem map!
While most people are focused on the application layer (e.g., ChatGPT, Copilot 365), there is much more to the AI opportunity.
Jamie Dimon said that Bitcoin is primarily being used for criminal activity
Below are some facts about Bictoin and its use for illicit activities. Source: The Bitcoin Therapist
Leadership
Source: European leadership
Elon Musk continues to roll out his plans to transform X into a financial company within the next 12 months
Time will tell
Bitcoin wealth concentration issue: as shown below, 2.08% of existing Bitcoin holders (adresses) owns almost 93% of coins currently in circulation
Is the analysis oversimplified? what will happen if several ETF spot bitcoin ar approved and large asset managers become forced buyers? As show below, a small number of adresses owns the vast majority of BTC currently in circulation. However, some analysts believe that this table is misleading. For instance, glassnode highlighted that the table below does not factor in custodians, lost coins, and wrapped BTC. Adjusting these numbers might get you below 50% of concentration for the top 2% adresses, which is still high but much better than the current global wealth distribution. Still, this raises the question about how big will the supply/demand imbalance be the day several Bictoin spot ETF are approved. Indeed, asset managers will become forced buyers of an asset which is indeed quiet scarce. It is however possible that some "wwhales" might take advantage of rising demand and price increase to offload some of the BTC they have been hodling. Time will tell.
Political position of the largest party in each European country
(map by try.balkan/instagram) Source: OnlMaps
