this post was submitted on 28 Jun 2024
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If I was a Boeing shareholder, I would be mad as a wet hen right about now. Amid a string of phenomenally bad business decisions that culminated in the flying [sorta] tin can that is the 737 MAX, Boeing is handed an aerospace companies PR wet dream: transporting astronauts to the International Space Station. They then proceeded to drop that softball so hard that the thud could probably be heard from Mars.
It's almost as if someone could have learned something from the fact that NASA struggled hard without institutionalized deviation whenever their budget was constrained and they were pushed for results.
Also, it's almost as if there's a reason no good government should let any corporation go un-controlled. Ever.
SpaceX has been paid on delivery of promised services, and their success rates are much higher. That’s the opposite of control; that’s the government stepping back from owning a company’s costs. Seems to work a lot better than the tight relationship Boeing and government have.