SpaceX and Boeing are teaming up for a satellite launch. It's not the first pair-up for SpaceX and its launch rival. Here's what brought them together.
But once in a while, SpaceX and Boeing are forced to play on the same team.A rocket launch on Tuesday evening marked one such occasion: SpaceX's Falcon 9 rocket, carrying a $161 million satellite built by Boeing, took off from Cape Canaveral at about 7:20 pm ET.Boeing built the satellite, called Amos-17, for an Israeli firm called Spacecom. And though Boeing is half-owner of a prestigious rocket company, United Launch Alliance, Spacecom turned to competitor SpaceX to fire Amos-17 into orbit.
He was able to design, build and test a rocket without running out of money first, Christensen added.The company's Falcon 9 rocket swooped into the market in the late 2010s with a $62 million price tag — absurdly cheap compared to competitors.SpaceX soon dominated the commercial launch business. And the young newcomer took a bite out of ULA's business when it won the right to compete for military launch contracts in 2015.
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