Tesla CEO Elon Musk: Many media claim that SpaceX is financing at a valuation of 800 billion US dollars. This statement is not accurate. SpaceX has maintained positive cash flow for many years, and regularly buybacks its shares twice a 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 access to the global directly connected satellite communication band — this band will significantly expand our target market size.

Tesla CEO Elon Musk: Many media claim that SpaceX is financing at a valuation of 800 billion US dollars. This statement is not accurate. SpaceX has maintained positive cash flow for many years, and regularly buybacks its shares twice a 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 access to the global directly connected satellite communication band — this band will significantly expand our target market size.