> It’s hard to know for sure if SpaceX is truly in dire straights. SpaceX did not respond to a request for a comment from The Verge. Later today, Musk responded to coverage of the email, saying that bankruptcy is unlikely, but not impossible, if a severe global recession hits.
From Musk's mail itself:
> Unless you have critical family matters or cannot physically return to Hawthorne, we need all hands on deck to recover from what is, quite frankly, a disaster.
> The consequences for SpaceX if we can’t get enough reliable Raptors made is that we then can’t fly Starship, which means we then can’t fly Starlink Satellite V2 (Falcon has neither the volume nor the mass to orbit needed for satellite V2). Satellite V1 by itself is financially weak, whereas V2 is strong.
That sounds quite different from what the headline suggests.
Much better article here: https://www.tesmanian.com/blogs/tesmanian-blog/raptor-produc...
Same thing happened with SolarCity.
Musk wants every corporate vehicle to be traded on the stock market in order to allow for pumps&dumps whenever he is having a bad mental health day.
And also for cash loans backed by the aforementioned pumped equity