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SpaceX dismissed 10% of its employees / Boing Boing

Elon Musks SpaceX released 10% of its 6,000 staff today. Last May, the company stated that it has had many years of profitability and in recent weeks has so far increased by $ 273 million in a planned $ 500 million funding round.

"To continue delivering to our customers and successfully developing interplanetary spacecraft and a global space-based Internet, SpaceX must become a smoother company," wrote SpaceX president Gwynne Shotwell in an email to employees. "Either of these developments, even when attempted separately, have gone bankrupt with other organizations. That means we have to share ways with some talented and hard-working members of our team …"

From the Los Angeles Times:

SpaceX makes the most of its money from commercial and national security launches, as well as two NASA contracts, a multi-billion dollar deal to deliver cargo to the International Space Station and the other up to $ 2.6 billion to develop a capsule that will provide astronauts to the space station. The first launch of that canister, without crew, is scheduled for February.

The Elon Musk-led company has even more ambitious – and expensive – plans. Musk has said that SpaceX will perform a "jump test" in the Mars spacecraft prototype as early as next month …

SpaceX offers at least eight weeks of pay and other benefits to dismissed workers, according to Shotwell's email.

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David Pescovitz

David Pescovitz is Boing Boing's co-editor. On Instagram he is @pesco.


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