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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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C 82%
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