X @Herbert Ong

🚨 Elon commented on SpaceX’s new $800B valuation, saying growth is tied to progress on Starship, Starlink, securing global direct-to-cell spectrum, and “one other thing that is arguably most significant by far.”Elon Musk (@elonmusk):There has been a lot of press claiming @SpaceX is raising money at $800B, which is not accurate.SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors.Valuation increments are a ...