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SpaceX Continues to Dominate Moon Race

Rich Smith, The Motley Fool
·4-min read
SpaceX Continues to Dominate Moon Race

Nineteen months ago, SpaceX scored a coup. Beating out a whole host of rival bidders -- defense contracting giants Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), and Leidos (NYSE: LDOS) among them -- SpaceX snagged a gigantic $2.9 billion contract to build the a new lunar lander for NASA... and put American astronauts back on the moon for the first time in 50 years. Blue Origin in particular, which had partnered with Lockheed and Northrop to bid on the moon lander contract, went so far as to sue over NASA's decision.

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