Total crypto market cap now smaller than SpaceX

The market capitalization of Elon Musk's space exploration company, SpaceX, stands at approximately $2.52 trillion, surpassing the entire cryptocurrency market's capitalization of about $2.2 trillion, according to Solid Intel. This valuation holds even after SpaceX's stock price fell by about 5% yesterday. The total crypto market cap reached a peak of $4.2 trillion last October when Bitcoin hit a new all-time high, but it has since fallen to its current level of around $2.21 trillion.