Elon Musk denies $800bn SpaceX valuation reports, but stays mum on IPO

Elon Musk debunked a report published by The Information that SpaceX is raising funds at a US$800 billion valuation.

The US$800 billion valuation would have put SpaceX ahead of ChatGPT-parent OpenAI, which is valued at US$500 billion as of October, making it the most valuable privately held company in the world at the moment.

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

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

© 2026 myphamqueenieskin | All rights reserved