Space Exploration Technologies, the El Segundo-based developer of experimental low-cost rockets, says it plans to add another 150-250 people to its work force by December 2008 as part of an expansion plan that parallels the company’s strong revenue picture, the Daily Breeze reports.
“At current growth rates, I expect the personnel count will be between 500 and 600 by the end of 2008,” company founder Elon Musk wrote in an e-mail sent to reporters Wednesday.
The private firm known as SpaceX employs about 350 workers, mostly at the El Segundo headquarters. However, a growing number of employees are located at the company’s engine and structural development site in Texas, the Kwajalein Atoll island launch complex, a launch complex at Cape Canaveral and a Washington, D.C., office, Musk wrote. In March 2003, SpaceX had only 20 employees.