CNBC by Michael Sheetz 7/1/2021
Elon Musk says SpaceX competitor ULA would be ‘dead as a doornail’ without Pentagon help
Key Points
• SpaceX CEO Elon Musk sparred on Twitter with Tory Bruno, the CEO of Boeing and Lockheed Martin’s rocket-building joint venture United Launch Alliance.
• At the core of the dispute is Musk’s view that ULA receives heavy government support – a position that Bruno ardently denies.
• “ULA would be dead as a doornail without the two launch provider DoD requirement,” Musk wrote in a tweet.
• Bruno responded that the company’s “competition is healthy for the industry and customers.”
Elon Musk never seems afraid to speak his mind and, when it comes to billions of dollars in government contracts for launching rockets, the SpaceX CEO is especially pointed.
The billionaire founder sparred Wednesday on Twitter with Tory Bruno, the CEO of Boeing and Lockheed Martin’s rocket-building joint venture United Launch Alliance. At the core of the dispute is Musk’s view that ULA receives heavy government support – a position that Bruno ardently denies.
“ULA would be dead as a doornail without the two launch provider DoD requirement,” Musk wrote in a tweet.
“In this case, it is money diverted from making life multiplanetary, which is the goal of SpaceX, vs the ULA goal of maximizing dividends to Lockheed & Boeing,” Musk added in another tweet.
More:
https://www.cnbc.com/2021/07/01/elon-musk-spacex-competitor-ula-dead-as-a-doornail-without-pentagon.html
