SpaceX to lay off 10% of workforce
creating a spaceship that can carry astronauts to Mars.
“This action is taken only due to the extraordinarily difficult challenges ahead and would not otherwise be necessary,” the company said Friday in a statement.
The layoffs were announced to workers in an email from President Gwynne Shotwell, the Los Angeles Times reported.
Elon Musk’s company is financially healthy and was recently valued at nearly $30 billion. It has a lucrative business sending government and commercial satellites into orbit, including a launch from California on Friday, and delivering supplies to the International Space Station.