Lates News

Tesla CEO Elon Musk: Many media outlets claim that SpaceX is currently fundraising at a valuation of $80 billion, which is not accurate. SpaceX has maintained positive cash flow for many years and regularly conducts two stock buybacks each year to provide liquidity for employees and investors. The increase in valuation depends on the progress of the "Starship" and "Starlink" projects, as well as the acquisition of global direct satellite communication spectrum - which will significantly expand our target market size.