SpaceX at risk of bankruptcy due to Raptor engine

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SpaceX CEO Elon Musk believes the company needs to ramp up production of the next generation Raptor engine soon or face potentially catastrophic consequences, according to a report by the Arab Gateway for Technical News.

Musk sent an email to his company’s employees, urging employees to work on the Raptor’s engine, and describing the state of production as a much worse crisis than it seemed a few weeks ago.

In the email, Musk said the company faces a real risk of bankruptcy if production does not ramp up to support a higher flight rate for the company’s new Starship missile next year.

The Raptor engine powers the Starship, a massive, fully reusable vehicle being developed by SpaceX to carry people and cargo to the Moon, Mars and other distant destinations.

Each Starship requires 33 Raptor engines for its giant first stage Super Heavy booster. Six Raptor engines are needed for the spacecraft’s upper stage, known as the Starship, and SpaceX wants to operate a large fleet of Starship vehicles in the coming years.

The billionaire businessman said earlier this month that 1,000 rovers are needed to colonize Mars. As a result, the company aims to manufacture a lot more Raptor engines in the relatively near future, and it seems that the company is not on the right track to meet this challenge at the moment.

Musk explains that the Starship is necessary to launch the second version of the Starlink Internet satellite, and the company has developed more than 1,600 Starlink version one satellites, and nearly 100 of the more advanced version 1.5, with the Falcon 9 rocket.

But this operator (which uses Merlin engines) cannot accommodate larger V2 satellites, which Musk sees as a vital source of profit for the company.

Raptor engine threatens the future of SpaceX

The message said: The first version of the satellite itself is weak from a financial point of view, while the second version is strong. In addition, we raise the production of terminals to several million units annually.

This is assuming that the second version of the satellite may be in orbit to handle the bandwidth demand, and these stations are otherwise useless.

And Musk stresses in the email that time is of the essence to fix the Raptor problem, and the letter stated: We are in danger of bankruptcy if we cannot achieve an average flight on the spacecraft at least once every two weeks next year, given that the Starship is designed to be completely reusable. Complete and fast.

SpaceX should need a few operational vehicles to be able to fly twice a month, but at the moment it has none, as the Starship is still in the test flight phase.



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