Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Elon Musk denies SpaceX is worth $800 billion, citing self-sufficiency through Starlink, reusable rockets, and Starship progress.

flag Elon Musk has denied reports that SpaceX is valued at $800 billion, calling the claims inaccurate. flag He stated the company has been cash flow positive for years and conducts biannual stock buybacks to provide liquidity for employees and investors, without pursuing major new funding rounds. flag Musk emphasized SpaceX’s financial self-sufficiency, driven by its Starlink satellite internet service, reusable rocket launches, and progress on the Starship program. flag He clarified that NASA accounts for less than 5% of revenue, rejecting claims of subsidies, and noted the company wins contracts based on cost and performance. flag Recent successful launches, including 28 Starlink satellites and a returning Falcon 9 booster, underscore ongoing operational success.

24 Articles