The Damage Report
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Elon Musk Goes FULL PANIC As SpaceX Craters In Colossal Financial Disaster
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August 30, 2025
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4:51Now PlayingElon Musk is going full panic over his company SpaceX losing a staggering amount of Tesla and taxpayer money each time one of his starships explode as NASA's deadline for astronauts looms. John Iadarola and Jayar Jackson break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
SpaceX Is Losing a Staggering Amount of Money Every Time One of Its Starships Explodes
"Even after nearly ten launches, the behemoth spacecraft has yet to successfully visit space and then come safely back to Earth even a single time — but NASA is nonetheless relying on it to ferry astronauts from the Moon's orbit down to the surface just over two years from now.
Given Starship's track record so far — nine full-scale test flights have ended in explosions shortly after launch, explosions in space, and crashes into the ocean — it's a steep goal.
The company is preparing for its tenth test flight on Sunday evening, once again attempting to get the rocket's booster off the ground and back in one piece. In theory, according to SpaceX, during the flight, Starship will "target multiple in-space objectives, including the deployment of eight Starlink simulators.""
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