SpaceX will still see cash flow from plans to launch 18 Falcon 9 rockets and two Falcon Heavy rockets, including a mission for NASA to fly astronauts to the International Space Station.

The layoffs today show the pressure on its bottom line. The privately held company, valued at more than $30 billion by its investors, has been searching for new funds: In 2018, SpaceX reportedly sought to raise money on the corporate bond market, before ultimately raising $500 million in new equity, according to the Wall Street Journal.

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