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SpaceX Now Accounts for 80 Percent of Global Orbital Launch Mass

October 18, 2026, 10:51 PM UTC (3 hours ago) · 1 source · Summarized by CryptoBipto

SpaceX, led by Elon Musk, has reportedly reached a dominant position in the global orbital launch market, controlling approximately 80 percent of the mass sent to orbit. The milestone reflects the company's growing share of commercial and government launch contracts.

WHY IT MATTERS

While this story is about space launches rather than cryptocurrency directly, it is relevant to the crypto community because Elon Musk is one of the most influential public figures in the digital asset space. His comments on social media have historically moved crypto prices, particularly for Dogecoin. Think of it like tracking what a very influential school principal does outside of school — even unrelated activities can signal where their attention and resources are going. For crypto newcomers, understanding the broader business activities of key figures like Musk can provide context for why markets sometimes react to seemingly unrelated news.

SpaceX has steadily expanded its dominance in the space launch industry over the past decade, driven largely by its reusable Falcon 9 and Falcon Heavy rockets and the development of its Starship vehicle.

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