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Stock impact report

Investing in Space: Boeing takes backup role in flying NASA astronauts [CNBC]

Virgin Galactic Holdings, Inc. (SPCE) 
Company Research Source: CNBC
CNBC's Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on the most important companies reaching new heights. Sign up to receive future editions. Overview: Boeing the backup I don't know how many times I've written something along the lines of “NASA's Commercial Crew program is competitive” over the years, but those days are gone. Boeing's Starliner program finally feels close to flying people in space for the first time. Now slated to carry astronauts to the ISS in May, Boeing was once seen as neck-and-neck with SpaceX. It was originally planned to launch this crew flight test in November 2018. Almost two years later, Starliner's precursor test flight had gone awry – but NASA and Boeing's messaging focused on “we'll fix it and be flying soon!” Well, it took more than two years to fly a re-do test flight. A year after that I tried to contextualize expectations and wondered where the sense of urgency was. And another year brings us Show less Read more
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