The SpaceX company will reduce ten percent of the employees – 600 people. It is noted that the reduced staff will be offered
“To continue delivering to our customers and succeed in the development of interplanetary spacecraft and the global Internet-based in space, SpaceX needs to become a more streamlined company. This means that we have to part with some talented and hardworking members of our team,” statement of the company, at the disposal of the publication.
Money for new projects
Company officials have repeatedly said that SpaceX is profitable. Thanks to a mix of revenues from commercial launch contracts, NASA development funds, and U.S. Air Force launch awards. SpaceX launched its Falcon 9 rocket 20 times in 2018 and flew its Falcon Heavy rocket for the first time. By developing a reusable first stage, the company has perhaps the most innovative and cost-effective booster in the world.
However, SpaceX is also undertaking the costly development of a satellite internet system. Starlink, as well as a
SpaceX is undertaking these cuts as it moves into a pivotal
One aerospace industry source suggested that the size and timing of Friday’s cuts may indicate a desire by SpaceX chief executive Elon Musk to reduce costs and cut some of its lower performing employees. By becoming leaner, the company will have more funds to invest in its ambitious development projects.
Ironically, in recent years, SpaceX’s development of the low-cost Falcon 9 rocket has, in part, driven other launch providers in the United States. Including