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Musk denies $800 billion SpaceX valuation reports
Elon Musk clarified SpaceX's valuation and highlighted positive cash flow with biannual stock buybacks for liquidity, denying $800 billion funding claims.
- On Saturday, Elon Musk pushed back against reports that SpaceX is seeking new funding at an $800 billion valuation, writing `There has been a lot of press claiming @SpaceX is raising money at $800B, which is not accurate`.
- Musk said SpaceX has generated positive cash flow for years and holds biannual stock buybacks to let employees and investors sell shares without raising new capital.
- Pointing to program progress, Musk attributed valuation gains to Starship and Starlink advancements and securing global direct-to-cell spectrum.
- At Tesla's annual shareholder meeting in November, Musk suggested taking SpaceX public so Tesla supporters could own the company's stock, while SpaceX filed a STARLINK MOBILE trademark in October indicating product expansion.
- Nearly 25 years after founding, SpaceX remains private despite strong investor interest, and Elon Musk did not address reports of a late 2026 IPO target in his post.
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Elon Musk Debunks $800B SpaceX Valuation Rumor
Elon Musk Debunks $800B SpaceX Valuation Rumor Elon Musk has publicly addressed incorrect reports suggesting that SpaceX, his pioneering space exploration company, is seeking investment at a staggering $800 billion valuation. Musk took to social media to refute these claims, emphasizing that they are not accurate.In a recent post, Musk clarified the situation, responding to widespread media coverage that has misrepresented SpaceX's financial str…
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Leaning Left1Leaning Right1Center8Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
C 80%
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