Peter Parks | AFP | Getty Images
Millionaire entrepreneur and SpaceX founder Elon Musk speaks at the 68th International Astronautical Congress 2017 in Adelaide on 29 September 2017.
SpaceX plans to cut off its workforce, a company spokesperson told CNBC .
SpaceX was named the number one company in the 2018 CNBC Disruptor 50 list, announced in May. At the time, SpaceX told CNBC that its rating was about $ 28 billion.
At the start of this month, SpaceX raised $ 273 million through preferred shares, according to a filing with the Securities and Exchange Commission.
In December, The Wall Street Journal reported that SpaceX was raising $ 500 million in funding, placing its valuation at $ 30.5 billion. Founded by Elon Musk, SpaceX plans to use the new money to build its massive satellite Internet project, called Starlink.