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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 function of progress with Starship and Starlink and securing global direct-to-cell spectrum that greatly increases our addressable market.

And one other thing that is arguably most significant by far.