Reported about 2 months ago
Boeing's new CEO, Kelly Ortberg, is confronted with a critical decision following NASA's announcement that it will not use Boeing's Starliner spacecraft for astronaut transport, opting instead for SpaceX. This setback compounds Boeing's existing challenges, including significant financial losses and operational issues. Analysts speculate that the company's long-standing commitment to human spaceflight might waver, depending on the Starliner's upcoming performance during an uncrewed flight back to Earth. The decision underscores the pressure on Boeing to balance its financial constraints with its legacy in aerospace, all while navigating a highly competitive space industry.
Source: YAHOO