That means each ship needs 39 engines - compare that to SpaceXвЂ™s existing Falcon Heavy, the worldвЂ™s most powerful rocket, which requires 28 Merlin engines. The ship itself uses six Raptor engines, and the Super Heavy booster used to lift the ship away from Earth packs a further 33 engines. SpaceX SpaceX Starship: Why the project faces financial turmoil SpaceX Starship has completed several high-altitude test flights. Want to find out more about SpaceXвЂ™s plans to transform humanity into a multi-planet species? Subscribe to MUSK READS+ for exclusive interviews and analysis about spaceflight, electric cars, and more. From there, the goal is to send the first humans to Mars in the 2020s and establish a city on Mars by 2050. That would set up Starship to fly real, non-test payloads as early as 2023. Host around a dozen test flights over the course of 2022.Host a 90-minute orbital flight with the Starship and its booster in January.Complete the launch pad, tower, and basic tests before the end of 2021.Last month, at the joint meeting of the Space Studies Board and the Board on Physics and Astronomy, Musk outlined three primary goals for the coming year: This may suggest a higher goal than previous comments. вЂњWe face genuine risk of bankruptcy if we cannot achieve a Starship flight rate of at least once every two weeks next year.вЂќ вЂњThe Raptor production crisis is much worse than it seemed a few weeks ago,вЂќ Musk wrote in the email obtained by CNBC. The comments come after a Thanksgiving email sent to SpaceX employees, where Musk declared that production of the StarshipвЂ™s Raptor engine faced a crisis. Due to its current financial position, SpaceX will also appreciate its $2.9 billion NASA contract as a source of funding to complete the Starship.

The company is not the only one that wants Starship to be a success, as NASA has chosen the Starship as the human lander for its upcoming crewed Artemis mission to the Moon in 2025. SpaceX will start making money from Starship once itвЂ™s completed and flying payloads for customers - until then, the company will have to pour money into its development. The ship is capable of transporting 100 people or 100 tons to space at a time. Its use of liquid oxygen and methane as fuel would enable humans to use the planetвЂ™s resources to harvest more fuel and either return home or venture out further. ItвЂ™s a tough time for SpaceXвЂ™s ongoing Starship project, which aims to develop a fully-reusable rocket capable of sending the first humans to Mars. If it came while SpaceX was investing money into its Mars-bound Starship rocket and its Starlink internet service, then bankruptcy вЂњwhile still unlikely, is not impossible.вЂќ On Tuesday, CEO Elon Musk took to Twitter to warn that a вЂњsevere global recessionвЂќ could trigger a perfect storm of issues for the company. SpaceX wants to send humans to Mars, but forces on Earth could hamper its plans.

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