SpaceX founder and CEO Elon Musk r efuted 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.