The Spark 2 from Positive Grid looks like a miniature old-school amp, but it is, essentially, a computer with some knobs and a speaker. It has Bluetooth, USB-C, and an associated smartphone app. It needs firmware updates, which can brick the device—ask me how I found this out—and it runs code on DSP chips. New guitar tones can be downloaded into the device, where they run as software rather than as analog electrical circuits in an amp or foot pedal.
In other words, the Spark 2 is the latest example of the “software-ization” of music.
Forget the old image of a studio filled with a million-dollar, 48-track mixing board from SSL or API and bursting with analog amps, vintage mics, and ginormous plate reverbs. Studios today are far more likely to be digital, where people record “in the box” (i.e., they track and mix on a computer running software like Pro Tools or Logic Pro) using digital models of classic (and expensive) amplifiers, coded by companies like NeuralDSP and IK Multimedia. These modeled amp sounds are then run through convolution software that relies on digital impulse responses captured from different speakers and speaker cabinets. They are modified with effects like chorus and distortion, which are all modeled, too. The results can be world-class, and they’re increasingly showing up on records.
Once the sounds are recorded, a mixer will often use digital plugins to replicate studio gear like tape delays, FET compressors, and reverbs (which may be completely algorithmic or may rely on impulse responses captured from real halls, studios, plates, and spring reverbs). These days, even the microphones might be digitally modeled by companies like Slate, Antelope, and Universal Audio.
This has put incredible power into the hands of home musicians; for a couple of thousand bucks, most home studios can own models of gear that would have cost more than a house 20 years ago. But one downside of this shift to software is that all the annoying quirks of computing devices have followed.

The 50w speaker that actually sounds good though is a big part of it as well (previous model Spark had a bit less power and also doesn't sound very good, so it was less useful then). Those headphone amps are fine for practice, but they can't do anything else. There's no kind of gig you can use them at and they're worthless if you're teaching. They're strictly for practice. I don't really rate them at all, tbh. If I was willing to accept the limitations those things have, I would just use my audio interface and my PC (which is how I typically do practice and record).
If all you want is a way to practice at home, this isn't even the best value product from Spark (they have a little Spark Go which avoids the pitfalls of those headphone amps but is also a lot cheaper, the built-in speaker there is pretty shit and small though). Like sure, this is a practice amp. But the important part is that it's actually fulfilling the function of being a guitar amp, rather than only being a practice tool. If all you want is a practice tool this probably isn't what I'd recommend (which is why I have a Spark 40 and my daughter does not :)).
I have used the Spark Go for a few years. Slightly bigger than a JBL Go 4. On tour my guitarists use two to do warmups and riff over songs. For personal practice it is unbeatable. Need to be quiet? Plug in some headphones, sounds incredible. The Bluetooth feature is great as you can adjust music from your phone and the guitar volume independently. Battery powered, easily fits in a guitar case or backpack. Has all the app features. Essential piece of gear.