SpaceX is under red alert after a massive outbreak of Covid-19 in the company's headquarters in Hawthorne, Los Angeles. According to reports, Elon Musk's company accounts for almost 30% of all workplace infection cases in the county consisting of 37 companies. According to a Monday report by the Los Angeles County Department of Public Health, the company is currently facing 132 cases of covid infection. The headquarters has 6,000 employees in the building. The total number of workplace cases in the county is around 452. The Omicron variant was already warned to be a superspreader by the researchers and within a matter of days, the variant has swept over the country. The daily average has shot up dramatically as the country has reported more than 268,000 cases on Monday. To top it off, recent reports show that 73% of the new cases are caused by the Omicron strain. The number was around 3% a week back. Elon Musk's role as the CEO of the company is under heavy scrutiny after the recent event as he has been an outspoken critic of the lockdown imposed by the government. He has kept his factories operational despite repeated warnings of mass outbreaks. About keeping his facilities operational, he had famously said, "I will be on the line with everyone else. If anyone is arrested, I ask that it only be me." The doctors are still emphasizing on the role of vaccines in this outbreak as the only solution. Those who are eligible, are asked to apply for the booster dose as well. It has been shown that Moderna's booster dose increases immunity 37 times and is very well-equipped to handle the omicron strain.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.