The SpaceX employees have received a very frightening email from Elon Musk, who warned them of a looming crisis with the Raptor rocket engine production that could spell the end of the company.
SpaceX could face a risk of bankruptcy according to Musk’s email
According to the email discovered by The Verge, CNBC and SpaceExplored in an attempt to raise production of the new engine meant to power its next-generation Starship launch vehicle, SpaceX sent out emails to employees asking them to work over the weekend.
Elon Musk stated in the email that: “Unfortunately, the Raptor production crisis is much worse than it seemed a few weeks ago. As we have dug into the issues following exiting prior senior management, they have unfortunately turned out to be far more severe than was reported. There is no way to sugarcoat this.”
Then, Elon Musk sent some tweets regarding the incident: “The magnitude of the Starship program is not widely appreciated,” he said. “It is designed to extend life to Mars (and the moon), which requires ~1000 times more payload to orbit than all current Earth rockets combined,” Musk added.
The magnitude of the Starship program is not widely appreciated. It is designed to extend life to Mars (and the moon), which requires ~1000 times more payload to orbit than all current Earth rockets combined.
— Elon Musk (@elonmusk) November 30, 2021
In response to the rumor, Tesla CEO Elon Musk spoke to its content and said that while it was very unlikely that the company would file for bankruptcy, it wasn’t impossible either.
Elon Musk, the CEO of SpaceX, warned that the company could run into financial trouble if its plans to deliver Starship services every two weeks in 2022 were not successful.
Why Raptor engine is so important for SpaceX?
The Raptor engine is the heart of Starship, a spacecraft SpaceX hopes one day will transport people to Mars.
SpaceX’s ability to meet its ambitious goals is really important for Musk, as he wants to explore the solar system and other planets further. Musk’s email also stresses that Starship will play a key role in launching the company’s next-generation satellites into orbit.
Elon Musk’s SpaceX was able to launch 25 Falcon 9 rocket missions in just 11 months.