Coverage dated November 29, 2021 to November 30, 2021
Elon Musk warns SpaceX faces 'genuine risk of bankruptcy' if engine production troubles continue
Headline from Waco Tribune-Herald
Elon Musk warns SpaceX faces 'genuine risk of bankruptcy' if engine production troubles continue
Waco Tribune-Herald's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Billionaire Elon Musk warned his employees in a company email that SpaceX faces a “genuine risk of bankruptcy.” It’s not the rocket company’s first time.
CEO Elon Musk warned SpaceX employees that if they don't increase production of Raptor engines for his next-generation Starship rocket, the aerospace company faces a "genuine risk of bankruptcy."
SpaceX CEO Elon Musk has warned that while a potential bankruptcy for the aerospace company in the event of a severe global recession is "unlikely," it is "not impossible."