Titanic sub search live updates: Elon Musk weighs in on sub's Starlink ties

OceanGate co-founder Guillermo Söhnlein said he is still hopeful that efforts to find the missing submersible will be successful.

"I continue to hold out hope for my friend and the rest of the crew," Söhnlein said in a statement provided to CNN."I would encourage everyone to remain hopeful for getting the crew back safely." Experts have said the crew likely ran out of oxygen by 8 a.m. ET this morning, based on the time the submersible began its underwater excursion on Sunday. But Söhnlein, who told CNN he was speaking on his own and not on behalf of OceanGate, said the crew's experience likely impacted their behavior onboard the submersible once they realized they could not make contact with anyone above water and thus had a limited oxygen supply.

Söhnlein said the crew would have known"days ago" that"the best thing they can do to ensure their rescue is to extend the limits of those supplies by relaxing as much as possible." With that strategy in mind, Söhnlein said the rescue"window" could extend beyond the initial 8 a.m. ET projection. Today will be"a critical day" for rescue efforts, he added.

A look via maritime tracker at the area covered in the search for the OceanGate sub

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