SpaceX has laid off 10% of its employees / Boing Boing

SpaceX's Elon Musk has laid off 10% of its 6,000 employees today. In May of last year, the company said that it had experienced "many years" of continued profitability and that in the last few weeks it had raised $ 273 million over the past year. A planned funding cycle of $ 500 million.

"To continue to serve our customers and successfully develop interplanetary spacecraft and a global space Internet, SpaceX needs to become a leaner company," SpaceX President Gwynne Shotwell told its employees. "None of these developments, even when they were attempted separately, put other organizations out of business, which means we have to separate ourselves from some talented and hard-working members of our team …"

From the Los Angeles Times:

SpaceX derives the bulk of its money from commercial and national security satellite launches, as well as two contracts with NASA, a multi-billion dollar deal aimed at getting goods to the International Space Station and the other up to $ 2.6 billion on the development of a capsule for astronauts at the space station. The first launch of this capsule, unmanned, is scheduled for February.

The company run by Elon Musk has even more ambitious projects – and expensive ones. Musk announced that SpaceX will perform a "test of detection" of its Mars spacecraft prototype next month …

SpaceX is offering a minimum wage of eight weeks and other benefits to laid-off workers, according to Shotwell's e-mail.

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David Pescovitz

David Pescovitz is the co-publisher of Boing Boing. On Instagram he is @pesco.


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