Anil SinghaviJan 15
Elon Musk refutes reports that SpaceX is raising $800 billion
Written By IANS
Published: | Updated:
Tesla and SpaceX CEO Elon Musk on Sunday refuted reports that SpaceX is raising money worth $800 billion or NASA gives subsidies to his space company. The Wall Street Journal reported that SpaceX is kicking off a secondary share sale that would value the rocket maker at $800 billion, surpassing OpenAI to make it the most valuable US private company.
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Musk said while he has have great fondness for NASA, “they will constitute less than 5 per cent of our revenue next year”. Image: ANI
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