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269 points rntn | 6 comments | | HN request time: 0.828s | source | bottom
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OutOfHere ◴[] No.41887967[source]
> The space agency will now judge how the Starliner could be eventually certified to fly

Methinks this will require firing all Boeing management, and taking it private :)

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butterlettuce ◴[] No.41888012[source]
I’m all for Elon buying it and trusting that he makes the necessary changes.
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pfdietz ◴[] No.41888047[source]
I think I saw recently that SpaceX is worth about 2x Boeing right now.
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1. Loughla ◴[] No.41889679[source]
Spacex is at 180bn

Boeing is at 96bn

I was actually prepared to call bullshit on you, but I stand corrected. I figured Boeing would be worth more with all the other things it does.

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2. Pedro_Ribeiro ◴[] No.41889703[source]
Airplane companies are worth surprisingly less than expected for how crucial and important they seem at first glance.

The market is also not as big as you'd think.

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3. ethbr1 ◴[] No.41890139[source]
It says a lot about the profitability and certification costs in the commercial market.

It's a critical long lead-time, institutional industry, for a nation. But a moneymaker, it's not.

(Even Airbus, if I'm reading it right, is at a USD$120b market cap)

4. wongarsu ◴[] No.41890802[source]
SpaceX is dominating the space launch industry and is responsible for just under half of all rockets launched last year (or 90% of US launches). They also have an extremely successful satellite internet service. And most importantly in both sectors SpaceX is innovation leader and rapidly growing.

Boeing is the third largest aircraft manufacturer in the world (behind Airbus and Lockheed), has been in an ongoing crisis for 6 years over the quality of an airplane that was rushed out of the door to react to Airbus's A320neo, is looking to sell ULA which is most of their space launch business, with few success stories about the remaining space-related products under the Boeing brand (like Starliner or SLS). And their defense arm has a decade of stagnating revenue (on the same level as their 2002 revenue).

Everything at SpaceX is pointing to growth, while Boeing's only saving grace is that customer lock-in, their size and importance to national interests (and national security) is slowing their fall.

5. Crunchified ◴[] No.41891468[source]
Diverging slightly from the topic, Palm (the Palm Pilot company) at one point had a market cap higher than all US airlines combined.
6. pfdietz ◴[] No.41895800[source]
Boeing is looking like an old, struggling company in a mature industry.

This is also suggesting to me that commercial aviation isn't going to be seeing that much advancement going forward, rather than incremental changes at a decelerating rate. Strong headwinds, say from the energy transition, may actually shrink it a lot.