Is Spacex facing bankruptcy?!

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Elon Musk is angry with the lack of progress SpaceX has made in developing the Raptor engines that power its Starship rocket.

He described a dire situation the day after Thanksgiving in a companywide email, a copy of which was obtained by CNBC.

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“The Raptor production crisis is much worse than it seemed a few weeks ago,” Musk wrote.

“We face genuine risk of bankruptcy if we cannot achieve a Starship flight rate of at least once every two weeks next year,” Musk added later.

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www.cnbc.com/2021/11/30/elon-mus…uptcy.html

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