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Dec 7, 2025 12:10 AM

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

Elon Musk pushed back Saturday against reports that SpaceX is seeking new funding at an $800 billion valuation.

"There has been a lot of press claiming @SpaceX is raising money at $800B, which is not accurate," Musk wrote on X.

The Tesla Inc. (NASDAQ:TSLA) CEO did not address reports of a late 2026 initial public offering (IPO) target in his post.

There has been a lot of press claiming @SpaceX is raising money at $800B, which is not accurate. SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year ...