'Not accurate': Elon Musk denies $800 billion valuation bid for SpaceX; cites strong cash flow

Elon Musk denied reports that SpaceX is seeking an $800 billion valuation in a share sale, stating the company has been cash flow positive for years and conducts regular stock buybacks. This denial follows claims that SpaceX was set to reach this valuation, which would make it the most valuable private US company, surpassing OpenAI.

Dec 7, 2025 3

'Not accurate': Elon Musk denies $800 billion valuation bid for SpaceX; cites strong cash flow
Elon Musk denied reports that SpaceX is seeking an $800 billion valuation in a share sale, stating the company has been cash flow positive for years and conducts regular stock buybacks. This denial follows claims that SpaceX was set to reach this valuation, which would make it the most valuable private US company, surpassing OpenAI.
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