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NASA awards SpaceX $1.43 billion contract for 5 more astronaut missions

2022/09/01/09:16
in Financial insights
Reading Time: 2 mins read
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NASA awards SpaceX $1.43 billion contract for 5 more astronaut missions

Elon Musk’s SpaceX has already launched five crewed missions to the International Space Station for NASA

It’s the latest win for Elon Musk’s aerospace juggernaut, which started flying cargo to the ISS in 2012 and carried astronauts there in 2020 for the first time. 

A SpaceX Falcon 9 rocket with a Crew Dragon spacecraft named Freedom stands ready for launch at pad 39A at the Kennedy Space Center on April 26, 2022, in Cape Canaveral, Florida.  (Paul Hennessy/Anadolu Agency via Getty Images / Getty Images)

SpaceX has already launched five crewed flights for NASA to the ISS. After the contract was announced Wednesday, NASA is paying SpaceX $4.9 billion for 14 crewed missions to the station. 

The company carried tourists to space for the first time last year and has also been routinely sending Starlink satellites into orbit. 

The SpaceX logo
SpaceX logo displayed on a phone screen and a laptop keyboard is seen in this illustration photo taken in Poland on April 24, 2022.  (Jakub Porzycki/NurPhoto via Getty Images / Getty Images)

One of SpaceX’s biggest competitors, Boeing, recently delayed its first crewed mission to the ISS to next February. 

Boeing’s first test flight for its Starliner spacecraft was scuttled by software issues in 2019. A second test flight in May saw problems with thrusters and a cooling loop anomaly. 

Source: FOX Business

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