Musk says SpaceX is facing significant inflationary pressure

Engineer, entrepreneur, inventor and investor Elon MuskWASHINGTON, Mar 14 American entrepreneur Elon Musk said that his companies SpaceX and Tesla are facing inflationary pressures in the field of raw materials and logistics. In his Twitter, the businessman invited his followers to reflect on what inflation will be in the next few years. «Tesla and SpaceX have recently seen significant inflationary pressure in the field raw materials and logistics. And we are not alone,» Musk added. As evidence, he attached a Financial Times article dated March 3, which says that commodity prices rose to their highest level since 2008 «due to concerns» about the supply of raw materials from Russia against the backdrop of the situation in Ukraine.