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SpaceX faces 'risk of bankruptcy', Musk reportedly tells employees
short by Hiral Goyal / on Tuesday, 30 November, 2021
SpaceX CEO Elon Musk reportedly told employees that the company faces a "genuine risk of bankruptcy if we cannot achieve a Starship flight rate of at least once every two weeks next year", CNBC reported. In a companywide email sent the day after Thanksgiving, Musk wrote, "The Raptor production crisis is much worse than it seemed a few weeks ago."