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.

