Monday, 8 December, 2025
Elon Musk Refutes SpaceX's $800 Billion Valuation Reports
Elon Musk publicly dismissed media reports claiming a potential $800 billion valuation for SpaceX as "inaccurate." He stated on X that the aerospace company has been cash flow positive for many years. Musk also noted that SpaceX conducts periodic stock buybacks twice annually to provide liquidity for its employees and investors.
Read full story at Economic Times