"Don't believe everything you read. Bloomberg publishes bs. - Elon Musk (@elonmusk) April 3, 2026"
"The report came from Bloomberg, which claimed SpaceX had boosted its IPO target valuation above $2 trillion, describing it as potentially one of the largest public offerings in history."
"Musk's response reflects his ongoing efforts to correct financial rumors about his ventures, emphasizing that speculation often outpaces reality."
Elon Musk publicly refuted claims that SpaceX had confidentially filed for an IPO with a valuation exceeding $2 trillion. He labeled the reports as unreliable and expressed frustration over media speculation regarding his companies. The controversy began when Bloomberg reported on the potential IPO, which Musk challenged. Previous reports suggested SpaceX had filed paperwork with the SEC, aiming for a record-breaking debut. Musk's response reflects his ongoing efforts to correct financial rumors about his ventures.
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