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Investing in Space: Boeing takes backup role in flying NASA astronauts - TL;DR CNBC

Investing in Space: Boeing takes backup role in flying NASA astronauts

Publishing timestamp: 2024-03-28 15:49:58


Summary

Boeing's Starliner program is finally close to flying people in space for the first time after years of setbacks. SpaceX continues to lead in the number of rocket launches. Various companies in the space industry are making moves, such as BryceTech Aerospace Corp. moving its HQ and Caltech receiving a large donation. Boeing is suing Virgin Galactic over payments, while other companies like Intuitive Machines and Terran Orbital are raising funds. Several key personnel changes have also occurred in companies like Sierra Space and Vast. Former NASA director George Abbey and former Space Command leader Gen. Howell Estes have passed away. SpaceX has launched multiple missions in March.


Sentiment: MIXED

Tickers: SPCELUNRLLAPMNTSBASPIR

Keywords: business newsspace newslettertailwind two acquisition corpmomentus incboeing cointuitive machines incvirgin galactic holdings incspire global inc

Source: https://www.cnbc.com/2024/03/28/investing-in-space-boeing-takes-backup-role-in-flying-nasa-astronauts.html


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