Elon Musk Responds to Leaked Email Where He Warns SpaceX Faces Bankruptcy
The SpaceX and Tesla CEO said Raptor engine production was in "crisis" and that SpaceX would need "all hands on deck" to recover.
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The SpaceX and Tesla CEO said Raptor engine production was in "crisis" and that SpaceX would need "all hands on deck" to recover.
SpaceX is valued at $100 billion and co-owned by the world's richest person. Why does Elon Musk say the firm could go bankrupt?
In a leaked email to employees, Elon Musk stated that SpaceX may face bankruptcy due to the slow production of Raptor engines.
'We face the genuine risk of bankruptcy if we cannot achieve a Starship flight rate of at least once every two weeks next year'
In an email sent to SpaceX staff Elon Musk has said that SpaceX faces the genuine possibility of bankruptcy over Raptor engines.