The space industry faces a “double bind” of insufficient launch capacity in the short term and oversupply in the long run, a McKinsey & Co. report says.
On the eve of the first integrated flight test of the Starship/Super Heavy, SpaceX CEO Elon Musk says his most fervent wish is to not destroy the launchpad.
Virgin Orbit CEO Dan Hart says the "Chapter 11 process represents the best path forward to identify and finalize an efficient and value-maximizing sale.”