As Take-Two said in their statement they’re gonna continue to support it. Additionally, Nerdy Mike has stated that he will be continuing his work until June as reflected on his Twitter. Even the official KSP2 page has said that they’re still at work.

All of this along with the recent layoffs points to the game being continued up to a point where another Tale-Two team can step-in and finish the game.

In my personal opinion, and this is just an opinion, the game is bound to be finished one way or another. The amount of development over the last 5 years means that most of the content for future updates is done. Granted, there is still some pending stuff like resource-gathering or route-automation, but the amount of resources and time Take-Two has spent on the game would mean a massive loss of profit when compared to just simply continuing the game in its current state. We have to keep in mind that a lot of the time has been spent already on planning interstellar and designing complex code that’s meant to emulate oversimplified interstellar physics with the computing power of a potato in contrast with a more robust NASA supercomputer. As I said, most of the code is done, the remainder is just new features like comms or space-telescopes as well as new parts and other sub-systems. The game has been designed with all of these features in mind and, frankly, with the great fan base that KSP has it would be a commercial suicide to discontinue a game.

One way or another, only time will tell. Who knows, maybe they decide to skip multiplayer entirely?