  Transport phenomena in molecular materials are intrinsically linked to the
orbital character and the degree of localization of the valence states. Here,
we combine angle-resolved photoemission with photoemission tomography to
determine the spatial distribution of all molecular states of the valence band
structure of a C$_{60}$ thin film. While the two most frontier valence states
exhibit a strong band dispersion, the states at larger binding energies are
characterized by distinct emission patterns in energy and momentum space. Our
findings demonstrate the formation of an atomic crystal-like band structure in
a molecular solid with delocalized $\pi$-like valence states and strongly
localized $\sigma$-states at larger binding energies.
