The post Elon Musk Denies SpaceX $800 Billion Valuation Rumor appeared on BitcoinEthereumNews.com.

Key Points: Elon Musk denies SpaceX $800 billion valuation and IPO plans. SpaceX is focusing on Starship and Starlink projects. The company maintains financial stability via stock buybacks. Elon Musk has denied reports that SpaceX is targeting an $800 billion valuation, debunking rumors concerning an IPO planned for 2026, as reported on December 7. SpaceX’s trajectory, heavily influenced by Starship and Starlink developments, highlights its market position, while lacking direct cryptocurrency market impact, it influences financial sentiment broadly. SpaceX’s Focus: Starship, Starlink, and Financial Stability Elon Musk has publicly addressed speculation regarding an $800 billion valuation target and possible IPO for SpaceX. He stated that the claims were inaccurate, emphasizing that SpaceX’s financial growth is tied to advancements in its Starship and Starlink projects as well as efforts to obtain global communication spectrum rights. Musk’s denial of the fundraising rumors highlights SpaceX’s stable financial strategy. He pointed out that SpaceX has achieved positive cash flow, supporting operations by conducting two stock buybacks annually to facilitate liquidity for both employees and investors. As Elon Musk, CEO of SpaceX, stated: The community’s reaction has been one of keen interest but no major shifts. While no explicit plans for an IPO were confirmed, Musk’s comments emphasized continued investment in global network development through Starlink and Starship, reinforcing SpaceX’s focus on the long term. “SpaceX has been cash-flow positive for years.” (Blockchain.News) Starship and Starlink’s Potential Global Impact Did you know? SpaceX’s strategic dedication to Starship and Starlink parallels past technological leaps that often drive speculative optimism in tech markets, even without direct cryptocurrency involvement. Bitcoin (BTC) recently priced at $89,488.11 holds a market cap of formatNumber(1786053906109.71, 2) with a steady dominance of 58.54%. Trading volume fell by -40.41%, and price has fluctuated with a 5.74% gain over 24 hours but a -11.82% dip…

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Filed under: News - @ December 7, 2025 1:07 am