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Bad News for Boeing: SpaceX Wins 5 More Contracts

Rich Smith, The Motley Fool
·4-min read

In 2014, NASA embarked upon a three-year mission to explore new ways of sending astronauts to the International Space Station (ISS) and to seek out new partnerships with private industry, tasking SpaceX and Boeing (NYSE: BA) with a request to build two new spaceships for a combined $6.8 billion. SpaceX would receive $2.6 billion to design and build a Crew Dragon spacecraft by 2017, and use it to send astronauts to ISS six times. Boeing would be paid $4.2 billion to do the same thing.

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