neutral
8 days agoSpaceX CEO denies reports of $800 billion valuation raise
SpaceX founder and CEO Elon Musk refuted recent media reports claiming the company was seeking new fundraising at an $800 billion valuation. In a public post, Musk stated that SpaceX remains cash‑flow positive and periodically conducts stock buybacks for employees, describing the rumors as “inaccurate.” The statement aims to reassure shareholders and the broader market, quelling speculation on aggressive valuation jumps and positioning the firm as financially stable amid market volatility.
Tags:
- technology
- space
Reuters• By Pooja Kumari
Explore:Mutual Fund Screening
neutral
8 days agoSpaceX CEO denies reports of $800 billion valuation raise
SpaceX founder and CEO Elon Musk refuted recent media reports claiming the company was seeking new fundraising at an $800 billion valuation. In a public post, Musk stated that SpaceX remains cash‑flow positive and periodically conducts stock buybacks for employees, describing the rumors as “inaccurate.” The statement aims to reassure shareholders and the broader market, quelling speculation on aggressive valuation jumps and positioning the firm as financially stable amid market volatility.
Tags:
- technology
- space
Reuters• By Pooja Kumari
Explore:Mutual Fund Screening
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1 min read
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SpaceX denies claims of seeking funding at $800 billion valuation, stating it remains cash‑flow positive and conducts regular stock buybacks instead.
SpaceX founder and CEO Elon Musk refuted recent media reports claiming the company was seeking new fundraising at an $800 billion valuation. In a public post, Musk stated that SpaceX remains cash‑flow positive and periodically conducts stock buybacks for employees, describing the rumors as “inaccurate.” The statement aims to reassure shareholders and the broader market, quelling speculation on aggressive valuation jumps and positioning the firm as financially stable amid market volatility.
SpaceX founder and CEO Elon Musk refuted recent media reports claiming the company was seeking new fundraising at an $800 billion valuation. In a public post, Musk stated that SpaceX remains cash‑flow positive and periodically conducts stock buybacks for employees, describing the rumors as “inaccurate.” The statement aims to reassure shareholders and the broader market, quelling speculation on aggressive valuation jumps and positioning the firm as financially stable amid market volatility.
Tags:
- technology
- space
- technology
- space
- SpaceX
- valuation
- business
Dec 7, 2025 • 08:55