© 2020 WFAE
90.7 Charlotte 93.7 Southern Pines 90.3 Hickory 106.1 Laurinburg
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Nation & World

SpaceX To Lay Off 10 Percent Of Its Workforce

Space-X's Falcon 9 rocket with 10 satellites launches at Vandenberg Air Force Base, Calif., in 2017. The company says it will lay off 10 percent of its workforce.
Space-X's Falcon 9 rocket with 10 satellites launches at Vandenberg Air Force Base, Calif., in 2017. The company says it will lay off 10 percent of its workforce.

SpaceX, the pioneering space technology company led by Elon Musk, will lay off about 10 percent of its more than 6,000 employees.

The news was first reported by the Los Angeles Times.

In a statement, a company spokesman confirmed the layoff without specifying how many employees will be released.

"To continue delivering for our customers and to succeed in developing interplanetary spacecraft and a global space-based Internet, SpaceX must become a leaner company," said the statement. "This means we must part ways with some talented and hardworking members of our team. ... This action is taken only due to the extraordinarily difficult challenges ahead and would not otherwise be necessary."

A company source says SpaceX remains financially strong and can continue to "manufacture and launch at a reliable cadence in the years ahead."

This year the company also will begin "test hops" of Starship, a prototype designed for human travel to Mars, according to the source.

Copyright 2020 NPR. To see more, visit https://www.npr.org.

We Need Your Help Now More Than Ever

WFAE mask

Our newsroom is hard at work covering everything from the ongoing coronavirus pandemic to the aftermath of the election, the race for a vaccine and our communities' fight to rebuild. But we can't do it without you. Support our local journalism with a donation of ANY amount, and we’ll send you a free WFAE member mask courtesy of AllDayMask.com of Monroe.