Elon Musk Says Article Saying SpaceX is in Funding Talks Valuing the Company at $150 Billion is False

Elon Musk says an article about SpaceX is false.

Elon Musk has just replied to an article on Twitter saying SpaceX is trying to raise funds and will get a valuation of over $150 billion. The Tesla and now Twitter CEO said that it was false.

Elon Musk Replied to an Article Saying SpaceX is in Talks to Raise Funds and Valued at $150 Billion

An article by Bloomberg noted that SpaceX, a company of Elon Musk, is in talks to try to raise funds. The article said the company would have a value of over $150 billion value.

Elon Musk had a one-word reply to this article saying it was "False" but did not explain which part or why it was false. It was also not specified whether it was false that the company was trying to raise funds or if the company was worth over $150 billion.

Musk Provided No Explanation as to Why the Article was False or if Partial or the Full Article was False

Either way, Musk debunked the news without an explanation and stated it was false. Recent SpaceX news includes Musk thanking NASA for awarding the company a contract option for the Artemis Moon Landing.

Bill Nelson, the 14th NASA Administrator, said that NASA announced that SpaceX had been picked to provide a 2nd crewed landing demo on the Moon. this would be part of the Artemis IV mission.

Musk Said that SpaceX will Not Let NASA Down on Future Missions

Nelson also noted that they have multiple planned lunar landers from SpaceX and other future partners. With more landers, NASA will be positioned better to successfully accomplish its missions described as "bold."

To this, Elon Musk gave a short reply saying it was "much appreciated" while promising that "SpaceX will not let NASA down!" So far, on the space front, SpaceX is dominating the industry.

News of Tesla and SpaceX Fall Behind Musk's Latest Company, Twitter

With the CEO's recent purchase of Twitter, many eyes are looking toward his social media instead of other companies like Tesla and SpaceX. Although Tesla and SpaceX are still in the picture, much attention is being given to his latest $44 billion acquisition, Twitter.

In reply to Elon Musk's comment saying the article about SpaceX raising funds at a $150 billion valuation was false, an account shared their sentiments about his Twitter purchase. An account on Twitter called Warnage shared their thoughts on his recent purchase.

Read Also: Workers at Tesla's Texas Gigafactory to File Lawsuit for Labor Breaches

Account Says Musk is Misusing 'Our Wealth'

Warnage told Musk that purchasing Twitter is "actually a misplaced priority," stating other global issues like unemployment, climate change, etc. Saying "you are misusing our wealth." The tweet received backlash for use of the words "our wealth."

In an article by CNBC, Elon Musk once challenged the public to explain how $6 billion would fix world hunger, and he would sell stock immediately. Musk said that the plan had to include open-source accounting so the public could see where the funds go.

Related Article: Elon Musk's 'No Free Lunch' Policy Will Save Twitter $13 Million

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Written by Urian B.

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