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

According to @StockMKTNewz, Google (GOOGL) holds about 7% of SpaceX, implying roughly a $56 billion stake if a reported secondary share offering values SpaceX at $800 billion, source: @StockMKTNewz. According to @StockMKTNewz, SpaceX is reportedly in talks for a secondary share offering that would value the company at $800 billion, source: @StockMKTNewz. According to @StockMKTNewz, Elon Musk owns 42% of SpaceX, which would translate to a $336 billion stake at an $800 billion valuation, source: @StockMKTNewz. According to @StockMKTNewz, the current top five richest people list is cited from Bloomberg, with Elon Musk at $467 billion; the rankings are attributed to Bloomberg as referenced by @StockMKTNewz, source: Bloomberg via @StockMKTNewz. Trading implications: According to @StockMKTNewz, if the $800 billion valuation is executed in a secondary, the implied ~$56 billion mark for GOOGL’s SpaceX holding could influence sum-of-the-parts views for GOOGL and sentiment for Musk-linked equities such as TSLA due to increased sensitivity of Musk’s net worth to SpaceX, source: @StockMKTNewz. Crypto angle: The source provides no direct cryptocurrency market impact; the update is centered on an equity secondary and private-market valuation, source: @StockMKTNewz.

According to @StockMKTNewz, SpaceX is in talks for a secondary share offering valuing the company around $800 billion, implying Elon Musk’s 42% stake would be about $336 billion (source: @StockMKTNewz). According to Bloomberg Billionaires Index as cited by the author, Musk currently leads global wealth rankings, contextualizing the potential net-worth impact from a higher SpaceX mark (source: Bloomberg via @StockMKTNewz). For trading, a secondary sale supplies liquidity for existing holders rather than new capital for the company, which aligns with the definition of secondary offerings (source: U.S. SEC Investor.gov). Historically, Musk-related headlines have driven crypto moves, with BTC jumping after Tesla’s $1.5B purchase and DOGE swinging on Musk commentary, so traders should monitor DOGE and BTC for headline-driven volatility if the valuation is confirmed (sources: Reuters, Feb 8, 2021; Reuters, May 9, 2021). There is no disclosed cross-ownership between Tesla and SpaceX in Tesla’s filings, limiting direct mechanical impact to TSLA fundamentals while sentiment may still influence price action (source: Tesla 2023 Form 10-K).