Investing in Space: Boeing takes backup role in flying NASA astronauts

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Investing in Space: Boeing takes backup role in flying NASA astronauts
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Boeing's Starliner program finally feels close to flying people in space for the first time.

Boeing's crew transportation vehicle drives across NASA's Kennedy Space Center carrying astronauts Suni Williams and Barry Wilmore during a prelaunch simulation on Jan. 31, 2024.CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC's Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on the most important companies reaching new heights.

"NASA wants us as backup and we're not committing beyond that." I'm paraphrasing, but that was the main talking point this past week as agency leadership explained why Starliner is still useful.). But it's also unfortunate, as it seems unlikely Starliner will fly more than the six NASA missions that Boeing's under contract for.

"I don't call it frustrating at all. I think we would like to have been further along at this time, there's no doubt about that," Nappi said.

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