Boeing’s Starliner Program Cut by NASA, Shares Dip Slightly
Boeing's troubled Starliner space program faces another setback as NASA reduces its contracted missions from six to four. The decision follows last year's fiasco where astronauts were stranded aboard the International Space Station for months due to technical failures.
Investors reacted cautiously, with Boeing shares slipping marginally in Monday trading. The next Starliner mission will proceed without crew—a tacit acknowledgment of the program's reliability issues. While NASA hasn't publicly detailed its reasoning, the MOVE suggests dwindling confidence in Boeing's space capabilities after multiple high-profile failures.
The aerospace giant now faces mounting pressure to deliver flawless execution on remaining missions. With SpaceX's Dragon capsule emerging as NASA's dependable alternative, Boeing risks becoming an afterthought in the new space race.