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Musk denies $800 billion SpaceX valuation reports

Written By: TDG Syndication
Last Updated: December 7, 2025 03:08:12 IST

Dec 6 (Reuters) – 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. (Reporting by Devika Nair in Bengaluru; editing by Diane Craft)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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