Elon Musk responds to rumors of possible SpaceX bankruptcy

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

It was tweeted this week that Elon Musk's company, SpaceX, was at risk of bankruptcy according to a leaked email from Musk to his employees. On Tuesday, the businessman replied from his personal account on Twitter that although it is a very low possibility that he will go bankrupt, it is still possible.

Depositphotos.com

"We face a real risk of bankruptcy if next year we cannot achieve a Starship rate of at least one every two weeks," Musk wrote in the leaked email.

In the statement he mentions that the main cause of the problem is the shortage of production of the Raptor engines, which are those used in the Starship spacecraft. This is being built to send missions to the Moon and Mars. They have had several successful test flights so far, but they will need at least 39 of these engines for orbital launches.

"If a severe global recession depleted the availability of capital or liquidity while SpaceX was losing billions in Starlink and Starship, then bankruptcy, although still unlikely, would not be impossible," says the tweet with which Musk replied.

Originally posted here:

Elon Musk responds to rumors of possible SpaceX bankruptcy