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SpaceX: Building Rockets Fast, Paying Bills Slow

KISS | May 15, 2024

Elon Musk’s SpaceX is blasting off in Texas, building launch facilities and offices at the speed of light. Think “rocketship construction montage” on fast-forward. But hold on, there’s a catch: when it comes to paying the bills for all this building, SpaceX seems to be stuck on “slow boat to China” mode.

Here’s the deal: Reporters dug into Texas property records and found a bunch of construction companies and suppliers fuming mad. Apparently, SpaceX isn’t exactly known for speedy payments. These companies did the work, but SpaceX is dragging its feet on forking over the cash. Some had to wait months, and some even had to file legal liens (fancy lawyer talk for “hey, pay up!”) just to get their money.

This slow-pay situation isn’t exactly surprising for a giant corporation, but it’s a bit of a bummer for the smaller businesses that helped SpaceX build its fancy Texas empire. For them, waiting months for a payment can be a big financial headache.

SpaceX hasn’t commented on the whole pay-up delay, which isn’t exactly a good look. But hey, maybe they’re just so focused on colonizing Mars, they forgot about some earthly bills.

So, what’s the lesson here? If you’re a small business working with a big company like SpaceX, get everything in writing, especially payment terms. And maybe don’t quit your day job just yet, because that sweet check might take a while to arrive.

In the meantime, SpaceX will keep building its rockets and dreaming of interplanetary travel. Let’s just hope they remember to pay their rent (and all those other bills) along the way!

Written by KISS