
It was not a good week for the US space industry. One major US space company is looking to exit the business while the head of another US space company is holding secret talks with Putin.
In the first case, Boeing’s bleak finances may be pushing it to consider the sale of its space business, which includes the troubled Starliner capsule most recently stuck at the International Space Station.
Fortune magazine highlighted comments by Boeing’s new CEO, Kelly Ortber, at his first earnings conference call on Wednesday, where he stated:
We’re better off doing less and doing it better than doing more and not doing it well…What do we want this company to look like five and 10 years from now? And do these things add value to the company or distract us?
This follows rumors that Boeing has been talking with Blue Origin about handing off some of its NASA-related portfolio.
It would appear that Boeing, which has been with NASA since the Apollo program, is having some second thoughts about its role in the space program as it deals with Starliner troubles, airplane manufacturing issues, and an ongoing worker strike.
And then we read about Elon Musk having help secret talks with Russia’s Vladimir Putin since at least 2022. You may remember Mr. Musk raised concerns in Washington when it was learned that he turned off his Starlink system when the Ukranians were planning an attack against invading Russian.
Some in Congress are already calling for an investigation into these discussions, given the role of SpaceX in critical Department of Defense contracts. Rep. Adam Smith (D-WA), the House Armed Services Committee’s top Democrat, stated:
We should investigate what Elon Musk is up to to make sure that it is not to the detriment of the national security of the United States.
NASA Administrator Bill Nelson also has some questions, stating:
I don’t know that that story is true. I think it should be investigated…If the story is true that there have been multiple conversations between Elon Musk and the president of Russia, then I think that would be concerning, particularly for NASA, for the Department of Defense, for some of the intelligence agencies.
It has become increasingly apparent that Mr. Musk’s excellence in creating companies will always be trumped by his bone-headed ego. He cannot help but be the center of attention rather than the competent engineer. He should really stay away from social media and social relationships until he can get his ego under control.
As I said, it was not a good week for the US space industry.



