Elon Musk Confirms SpaceX Share Buyback, Denies Need for Additional Capital

Reports of a potential $200 billion valuation through insider stock sales are refuted by Musk, who emphasizes company profitability and growth.

SpaceX is considering an insider-only stock sale at $108 to $110 per share, possibly starting in June.
Musk states SpaceX will conduct liquidity rounds for employees and investors approximately every six months.
SpaceX's recent valuation was $180 billion, making it one of the most valuable privately held companies.
The company has secured significant contracts, including a $1 billion deal with U.S. government agencies.
Musk highlights the expansion of Starlink services, now with over 3 million customers across 99 countries.