Musk dismissed claims of a planned $800B SpaceX valuation and public listing, emphasizing strong cash flow and Starlink’s commercial revenue dominance.
Elon Musk rejected media reports suggesting SpaceX intends to raise funds at an $800 billion valuation and list publicly next year. He stated the company maintains positive cash flow, runs biannual share buybacks, and derives most revenue from its commercial Starlink service rather than NASA subsidies.