SpaceX sues goverment for $2 billion and Lightsail 2 gets postponed
Stage Zero Studio with Wil Waldon · Frontier AI Labs
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Show Notes
Seven months ago, the Defense Department made a controversial call. In a trio of contracts announced on its daily digest of contract awards, the Pentagon announced it was awarding these rocket development contracts:
- A $967 million deal to United Launch Services, a subsidiary of the United Launch Alliance (ULA) joint venture formed between Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT).
- A $791.6 million contract to Orbital Sciences, part of Northrop Grumman (NYSE: NOC).
- And one worth $500 million to Blue Origin, the space launch venture created by Amazon.com (NASDAQ: AMZN) CEO Jeff Bezos -- and financed by $1 billion worth of sales of his own Amazon stock annually.
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