Elon Musk has dismissed reports suggesting SpaceX is seeking to raise funds at an $80 billion valuation, labeling them as inaccurate. Musk highlighted that SpaceX has been cash flow positive for several years, with regular share repurchases to ensure liquidity for employees and investors. Musk attributed SpaceX's valuation growth to advancements in its Starship and Starlink projects, alongside securing global spectrum rights. He clarified that NASA contracts will constitute less than 5% of SpaceX's revenue next year, with commercial Starlink operations being the primary revenue driver. Musk also refuted claims of NASA subsidies, asserting that SpaceX secured contracts by providing superior products at competitive prices.