Bitcoin tops $84,000 as SpaceX earnings lift markets, analyst eyes $83,400 close

Bitcoin climbed above $84,000 following Wednesday’s Wall Street opening, buoyed by robust corporate earnings in the United States. The leading cryptocurrency gained nearly 2% during the session, reclaiming the $84,600 level for the first time since early October. SpaceX, the private American space technology company founded by Elon Musk, reported third-quarter operating revenue of $14.6 billion. This figure surpassed analyst expectations by almost 15% and marked a year-on-year increase of 161%. The company also posted a net income of $4.4 billion for the quarter. Bret Johnsen, chief financial officer at SpaceX, attributed the positive results to a combination of the firm’s launch leadership, recurring Starlink broadband revenues, and the scaled expansion of its systems infrastructure. He noted these factors are continuing to generate meaningful operating leverage for the company.

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