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Elon Musk Denies SpaceX Is Raising Money At $800 Billion Valuation, Remains Silent On IPO

Dec 8, 2025
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Elon Musk denied reports that SpaceX is raising new funding at an $800B valuation, saying the company has positive cash flow and uses buybacks instead. He credited valuation growth to Starship and Starlink progress and global direct-to-cell spectrum gains.