According to @StockMKTNewz, Elon Musk said SpaceX is not raising money and reports of an $800B fundraise are inaccurate, clarifying that the referenced activity was a secondary share sale that lets employees and early investors sell stock and does not provide cash to SpaceX. source: https://twitter.com/StockMKTNewz/status/1997435300960776317 source: https://x.com/elonmusk/status/1997399963509150089 Musk added that SpaceX has been cash-flow positive for many years and conducts stock buybacks twice a year to supply liquidity for employees and investors. source: https://x.com/elonmusk/status/1997399963509150089 He said valuation changes are driven by progress in Starship and Starlink and by securing global direct-to-cell spectrum that expands the addressable market. source: https://x.com/elonmusk/status/1997399963509150089 For traders, this means liquidity events are via semiannual buybacks and secondary sales, with no crypto or token plans mentioned in Musk’s statement. source: https://x.com/elonmusk/status/1997399963509150089