The Traderszone Network

Published in TZ Latest News 4 December, 2021 by The TZ Newswire Staff

Elon Musk Says A SpaceX Bankruptcy Is “Not Impossible”

Elon Musk Says A SpaceX Bankruptcy Is “Not Impossible”

Remember when Elon Musk joked about the potential for Tesla going bankrupt on April Fool’s Day several years ago, right before the company’s stock mysteriously rose ten-fold in the span of less than two years? Perhaps he is hoping for a repeat with SpaceX, because Musk is now openly discussing the probability of SpaceX going bankrupt, saying the scenario is “not impossible”.

Musk made the comment on Twitter, when discussing production problems earlier this week.  

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