September 18, 2026

Musk denies $800 billion SpaceX valuation reports

SpaceX has been cash flow positive for many years, Musk said in a post on X

Musk denies $800 billion SpaceX valuation reports
SpaceX logo and miniature satellite model are seen in this illustration created on Mar 10, 2025. REUTERS

bdnews24.com

Reuters

Published : 07 Dec 2025, 03:09 PM

Updated : 21 Aug 2026, 02:51 PM

Elon Musk on Saturday dismissed media reports that SpaceX is raising funds at an $800 billion valuation, calling them inaccurate.

"SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors," Musk said in a post on X.

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