In an email to SpaceX employees on Black Friday, CEO Elon Musk reportedly said that the company is in a «crisis» and faces a «genuine risk of bankruptcy» if production of the Raptor engine isn't ramped up. SpaceX has been on an upward swing this year and even crossed $100 billion in valuation in October.
The company's Starlink venture, which aims to provide high-speed internet via a constellation of satellites, also came out of beta recently. SpaceX is also once again working with NASA on the
. Read more on screenrant.com