Musk clarified the $800 billion share sale: the company has consistently maintained positive cash flow, and NASA orders account for only 5% of total r...

According to Mars Finance, in response to previous reports that "SpaceX plans to sell internal shares at an $800 billion valuation and goes public in the second half of next year," Musk clarified on the X platform, stating, "Many media outlets claim that @SpaceX plans to raise funds at an $800 billion valuation, but this is inaccurate. SpaceX has maintained positive cash flow for many years, regularly repurchasing shares twice a year to provide liquidity for employees and investors. The valuation increase is due to the progress of Starship and Starlink, as well as the availability of global direct-access spectrum, which greatly expands our reach. And arguably the most important thing: while I love @NASA, next year they (orders) will account for less than 5% of our revenue. Commercial Starlink is undoubtedly the largest contributor to our revenue. Some have claimed that SpaceX received 'subsidies' from NASA. This is completely false. The SpaceX team won NASA contracts because we offered the best products at the lowest prices. We had the best products at the lowest prices. Regarding astronaut transportation, SpaceX is currently the only option that meets NASA's safety standards."