Article
"False": Musk Denies Bloomberg Report About SpaceX IPO Valuation Drop
"False": Musk Denies Bloomberg Report About SpaceX IPO Valuation Drop
Summary:
Musk says the Bloomberg report is "false"
SpaceX Reportedly Lowers IPO Valuation Target, as per Bloomberg
Musk Rejects Bloomberg Report
Yet again, corporate media is pushing fake news against Elon Musk.
This time, Musk called a Bloomberg report that cited unnamed sources and claimed SpaceX had lowered its IPO valuation target "false."
False
— Elon Musk (@elonmusk) May 29, 2026
SpaceX IPO closing market cap above $1.8T?
Yes 90% · No 10%View full market & trade on PolymarketThere was speculation earlier this week of a SpaceX-Tesla merger in...
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Summary
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Summary
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Dorsey's Block Fires Nearly Half Of The Company In 'Massive' AI Bet, Sending Shares Soaring
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One week after WIRED reported that things were pretty dismal over at Jack Dorsey's payment processing company Block (formerly Square), the company announced that they are cutting 4,000 employees - nearly half of their headcount - in order to invest 'heavily' in artificial intelligence tools to run more efficiently, including its own called Goose, Bloomberg reports.
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