What Elon SaidAn archive of questions answered

Subjects / Economics

Fact

Could SpaceX really go bankrupt?

“If a severe global recession were to dry up capital availability / liquidity while SpaceX was losing billions on Starlink & Starship, then bankruptcy, while still unlikely, is not impossible. GM & Chrysler went BK last recession. “Only the paranoid survive.” – Grove …”

— Elon Musk, 30 November 2021 · Post on X ↗