SpaceX is laying off ten percent of their 6000+ staff. SpaceX has very expensive projects to develop the Superheavy Starship (aka BFR) and the Starlink global space-based internet.
SpaceX makes most of its money from commercial and national security satellite launches, as well as two NASA contracts, one a multibillion-dollar deal to deliver cargo to the International Space Station and the other up to $2.6 billion to develop a capsule that will deliver astronauts to the space station. The first launch of that capsule, without a crew, is planned for February.
Earlier in January, SpaceX raised about $273 million in equity and other securities in an offering that was trying to raise $500 million.
SpaceX statement about layoffs at the company announced today, from a company spokesperson. pic.twitter.com/v2kG1eVJLC
— Jeff Foust (@jeff_foust) January 12, 2019
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.