Privately owned SpaceX plans to cut about 10% of its workforce—about 700 employees and contractors—to better position itself for the upcoming competition from Jeff Bezos’ Blue Origin as well as low pricing from Russia’s new commercial Soyuz launch brokerage, GK Launch Services, and other competitors.  “To continue delivering for our customers and to succeed in developing interplanetary spacecraft and a global space-based Internet, SpaceX must ...

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