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Market
Will Boeing announce the sale of its space division by end of 2024?
3
Boeing•Starliner•NASA•International Space Station•Wall Street Journal•Kelly Ortberg•SpaceX•Ortberg•Jeff Bezos•Blue Origin
Resolution / Starting Odds
Yes • 50%
No • 50%
Official press release from Boeing or reports from credible financial news outlets
Story
Boeing's New CEO Considers Selling Space Division Amid Challenges
Oct 25, 2024, 04:45 PM
Boeing is exploring the sale of its space business, including the troubled Starliner spacecraft and operations that support NASA and the International Space Station, according to reports citing the Wall Street Journal. The move is part of new CEO Kelly Ortberg's strategy to streamline the company and address financial struggles. The company has faced difficulties with the Starliner program, including delays and technical issues, amid intensified competition from SpaceX. Last month, Ortberg dismissed the head of Boeing's defense and space business. Boeing has been a leading partner for NASA for decades. Reports suggest that potential buyers could include Jeff Bezos's Blue Origin, although no formal discussions have been announced.
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Similar markets
SpaceX • 25%
Northrop Grumman • 25%
Blue Origin • 25%
Other • 25%
Increase by more than 10% • 25%
Increase by up to 10% • 25%
No significant change • 25%
Decrease • 25%
Yes • 50%
No • 50%