Boeing considers sale of its space business: report
Troubled aerospace giant Boeing is weighing a sale of its NASA business, including both the Starliner astronaut capsule and its support operation for the International Space Station, the Journal reports.
From a panel flying off a plane in January to its current strike, Boeing has had an abysmal 2024. Its shares are down 41% through Friday’s close, versus a gain of 22% for the S&P 500.
This potential divestment of a noncore business for Boeing comes amid signs that Elon Musk’s SpaceX has become a preferred partner for NASA.
