SpaceX CEO Elon Musk offered a brief and terse response when asked on Twitter about the company’s bankruptcy conerns surrounding its Raptor engine.
It’s rare to find SpaceX CEO Elon Musk not in the mood to crack a joke on Twitter — but it turns out one of the few things he won’t wisecrack about is his company’s money issues. Yesterday, an internal email Musk sent to his SpaceX employees leaked and revealed that the company is, in Musk’s telling, on the brink of bankruptcy. Th e key issue seems to be lack of progress in the development of its Raptor engines, which are needed to get Starship operational, which in turn is expected to play an enormous role in deploying the next-gen Starlink satellites on which the company is banking its financial success.
