12 Years and $700 Million Later, What's Going on With Star Citizen's Development?

Just a few things from the article:

They're running out of money. (That's nothing a few more ships for sale can't solve )

Cult-leader Chris orders them to make game-defining changes on a daily basis that fucks up everything for weeks. (It's Chris' world after all, you're just living in it )

Besides just the main game and Squadron 42, they also have a third game (medieval fantasy) in development that uses the backer's funds as well.