08 Dec 2025, 03:31 PM IST i Summary is AI Generated. Newsroom Reviewed SpaceX CEO Elon Musk has dismissed reports claiming that the space exploration company is raising funds at a $800-billion valuation. Musk took to microblogging platform 'X' (formerly Twitter) and denied the related media reports claiming that the company has 'cash positive' for many years. “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 to provide liquidity for employees and investors,” Musk posted on X. “Valuation increments are a function of progress with Starship and Starlink and securing global direct-to-cell spectrum that greatly increases our addressable market,” added the tech billionaire. 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 to provide liquidity for employees and investors. Valuation increments are a…