Boeing, with its traditional manufacturing and operational approach, is struggling to compete with Elon Musk's nimble SpaceX.
Like never before, the race to the stars has reached fever pitch in the aerospace industry. The past decade brought a seismic shift in the competitive landscape historically dominated by government agencies and long-established corporations. Private-sector companies, driven by innovation and a vision of commercial space travel, have redefined the boundaries of what’s possible.
The program aimed to foster collaboration with the private sector to develop cost-effective, innovative, and safe methods of transporting astronauts to the International Space Station . In the end, both Boeing and SpaceX were awarded contracts, setting the stage for a fierce competition. For almost a decade now, the two companies have been in a neck-and-neck race, striving to achieve a coveted goal of launching NASA astronauts from U.S. soil.
The implications of these delays are significant. As of now, Starliner won’t see a launch until March 2024 at the earliest, prompting NASA, which has invested a considerable sum into the yet-to-be-realized crewed craft, to initiate a separate investigation into its failures. The current issues plaguing Boeing’s spacecraft range from parachutes’ “soft link” joints system to the discovery of flammable tape lining the craft’s interior, as reported by Space.com.
Meanwhile, SpaceX is on an upward trajectory. The company, founded by Tesla TSLA, +9.06% CEO Elon Musk, recently launched its seventh crewed flight for NASA to the ISS. The disparities between the two companies’ achievements have led many to speculate that NASA might have a clear favorite. SpaceX’s cost-saving measures don’t stop at reusable rockets. The company’s in-house manufacturing approach, where the majority of its rocket parts are produced internally rather than through contractors, drives costs further down. The streamlined approach not only ensures quality control but also reduces the overheads associated with third-party manufacturers.
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