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Constellation Research founder Ray Wang notes that Texas has no income tax, no capital gains tax, and is a good business environment with “lots of cheap land. “.
Despite reports that SpaceX is in talks to raise additional funds that would see its valuation double, CEO Elon Musk said this was “incorrect.”
“This is incorrect,” Musk replied to a story written by Teslerati, referring to the funding round. Asked by other Twitter users about what was wrong, Musk did not respond.
Business Insider, which first broke the news, said SpaceX was looking for a valuation of $ 92 billion. In August, the company raised $ 1.9 billion to a value of $ 46 billion, its largest round of funding to date.
SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer Media Awards in Berlin, Germany on Tuesday, December 1, 2020 (Hannibal Hanschke / Pool via AP)
SPACEX COULD BE WORTH ALMOST $ 100B AFTER NEW ROUND OF FINANCING, Says report
FOX Business reached out to SpaceX with a request for comment for this story to clarify what Musk meant.
SpaceX, led by Musk, has had a busy few months, growing its rocket business, as well as its Internet satellite segment. In addition to launching its own satellites, it launched satellites for others, the latest of which sent one into low earth orbit for satellite radio company SiriusXM.
He recently performed a test flight of his Starship SN8 rocket that ended in a fireball, although Musk declared it a success, saying the company had obtained the data it needed.
In collaboration with NASA, SpaceX also launched the Crew-1 mission in November, the first crew rotation flight on a U.S. commercial spacecraft, after being certified to transport astronauts to the International Space Station.
In May, SpaceX made history by launching NASA astronauts into space from American soil for the first time since 2011, after the space shuttle pulled out.
Musk also spoke about SpaceX in the context of making humanity a multi-planetary species, having done so as recently as last month.
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In October, Musk, who once advocated dropping nukes on Mars to make it more habitable, set a four-year timeline for an unmanned SpaceX mission to Mars, but warned the timeline was “only one. assumption”.
In 2018, the CEOs of SpaceX and Tesla said there was a “70% chance” that he would move to Mars, but cautioned, there was a “good chance” of dying on his way. red planet.
Two years earlier, he had presented an ambitious plan to put human life on Mars. NASA’s long-term goal is to send a manned mission to Mars in the 2030s.
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