Wednesday, December 1, 2021

Elon Musk warns employees of potential SpaceX bankruptcy

SpaceX CEO Elon Musk in an email to his company's employees asked them to work over the weekend on SpaceX's Raptor engine as the company faces "genuine risk of bankruptcy" unless it speeds up the production. https://ift.tt/3EjGIOg

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JD reports Q4 revenue up 13% YoY to ~$48B, its fastest growth in three years and above est., net income up 100%+ to ~$1.4B, as Chinese consumer spending rises (Bloomberg)

Bloomberg : JD reports Q4 revenue up 13% YoY to ~$48B, its fastest growth in three years and above est., net income up 100%+ to ~$1.4B, a...