Bankruptcy or Bust: Financial Desperation Doomed the Titan Sub

Financial Crisis of OceanGate Led to Tragedy of Titan Submarine

In the lead-up to Titan’s catastrophic implosion, OceanGate’s financial crisis forced risky decisions, such as proceeding despite storm warnings. CEO Stockton Rush prioritized speed and cost, compromising safety for profit. The company’s disregard for regulations and maintenance exacerbated risks, ultimately leading to a tragic failure in safety and technology.

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