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SpaceX Plans Falcon 9 Retirement and Signals Dividend Cut

The Motley Fool +1 ·

RKLB Rocket Lab Corp
$52.60 +2.69%
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ASMH ASMH +0.55%
  1. 1SpaceX plans to retire the Falcon 9 rocket in 2028.
  2. 2Campbell recently announced dividend cuts along with workforce reductions and cost-cutting measures.
  3. 3So far this quarter, the rate of dividend cut announcements has reached 19%.

So what's the key point?

SpaceX has decided to stop using the Falcon 9 rocket in 2028. The company is also reducing dividends and staff to cut costs.

Source The Motley Fool +1 · View original ↗

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