Elon Musk has stepped forward to reject recent media claims suggesting SpaceX hit an $800 billion valuation. The tech billionaire's quick denial comes amid growing speculation about private valuations in the aerospace sector. Given Musk's track record of moving markets with his statements—especially in crypto circles—his pushback on these numbers is drawing attention beyond just space enthusiasts. Whether this affects sentiment around his other ventures remains to be seen, but one thing's clear: when Musk speaks, markets listen. The actual valuation? Still anyone's guess until official numbers surface.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Elon Musk has stepped forward to reject recent media claims suggesting SpaceX hit an $800 billion valuation. The tech billionaire's quick denial comes amid growing speculation about private valuations in the aerospace sector. Given Musk's track record of moving markets with his statements—especially in crypto circles—his pushback on these numbers is drawing attention beyond just space enthusiasts. Whether this affects sentiment around his other ventures remains to be seen, but one thing's clear: when Musk speaks, markets listen. The actual valuation? Still anyone's guess until official numbers surface.