Reported about 1 year ago
Boeing's stocks plummeted over 33% due to safety concerns and management issues, while Elon Musk's SpaceX emerges as a competitor with technologically superior spacecraft design and efficiency. With SpaceX completing projects sooner and at a lower cost, Boeing's reputation and government contracts could be at risk. It may not be the ideal time to invest in Boeing considering the evolving dynamics of the aerospace industry.
Source: YAHOO