Musk Denies Reports of Lowered SpaceX IPO Valuation Target

Elon Musk has pushed back on circulating reports that SpaceX reduced its IPO valuation target, calling the claims false. The denial came directly from Musk, suggesting the reports originated from unofficial or inaccurate sourcing.

SpaceX has long been one of the most closely watched private companies in the world, with its valuation periodically cited in secondary market transactions and tender offers. Any shift in its IPO ambitions would carry significant weight for private market sentiment and the broader conversation around high-profile tech listings. For now, Musk's rebuttal leaves the company's public market timeline and valuation expectations unchanged from prior guidance.