Musk denies $800 billion SpaceX valuation reports

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Elon Musk attends the U.S.-Saudi Investment Forum successful Washington, D.C., U.S., November 19, 2025.

Evelyn Hockstein | Reuters

Elon Musk connected Saturday dismissed media reports that SpaceX is raising funds astatine an $800 cardinal valuation, calling them inaccurate.

"SpaceX has been currency travel affirmative for galore years and does periodic banal buybacks doubly a twelvemonth to supply liquidity for employees and investors," Musk said successful a station connected X.

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