Skip to content

Missing F-35 fighter jet is worth this much Bitcoin

Missing F-35 fighter jet is worth this much Bitcoin

Over the weekend, a concerning incident unfolded as an F-35B Lightning II, a part of the United States military’s advanced stealth combat aircraft fleet, went missing in South Carolina. The situation escalated after an incident that forced the pilot to eject from the jet, leaving the sophisticated aircraft unaccounted for.

The F-35 program, notorious for its staggering costs, is the most expensive US weapons program. 

Each jet can cost up to $160 million; however, the F-35B variant that went missing on September 17 costs roughly $80 million, according to a report by NPR

To put this financial enormity into perspective, the missing F-35B jet equates to nearly 3,000 (2,967.56) Bitcoin (BTC) at the latest BTC price of $26,961.

The entire program is on track to cost $1.7 trillion over the lifetime of the plane, according to CNN, which is more than three times higher than BTC’s entire current market cap of $523.7 billion. 

What happened?

Unusual events occurred on September 17 when a US marine pilot ejected from their F-35B Lightning II jet north of the Charleston air base in South Carolina, following an incident that the military called a “mishap.”

The unidentified pilot safely ejected and was brought to a local hospital in stable condition.

Emergency teams then initiated a search for the combat aircraft, receiving help from the Navy, FAA, and Civil Air Patrol, as well as multiple local and state police agencies. 

Debris located

On Monday, September 18, reports said that debris had been located as the remains of an F-35 fighter jet. 

According to a statement by the Joint Base Charleston, the debris field was identified around 2 hours northeast of the air base. 

The statement also said Charleston was “transferring incident command” to the Marine Corps, which will now start the recovery process. 

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account? Sign In

Disclaimer: The information on this website is for general informational and educational purposes only and does not constitute financial, legal, tax, or investment advice. This site does not make any financial promotions, and all content is strictly informational. By using this site, you agree to our full disclaimer and terms of use. For more information, please read our complete Global Disclaimer.