TECH - Elon Musk's SpaceX Faces New Challenger As Boeing-Lockheed's Vulcan Rocket Reportedly Set To Take Off Next Week | Benzinga
The Vulcan rocket, a collaborative effort between Boeing Company (NYSE: BA) and Lockheed Martin Corporation (NYSE: LMT), is reportedly set to make its inaugural launch as early as next week, attracting the attention of several billionaires.
Positioned as a competitor to Elon Musk's SpaceX, the new vehicle is ready to transport satellites and cargo for entities such as the Pentagon, NASA, and even Amazon.Com, Inc. (NASDAQ: AMZN), Bloomberg reported.
The Vulcan rocket is playing a role in sparking acquisition bids for the entity responsible for its construction, the United Launch Alliance.
One such offer, valued at multibillion, comes from Blue Origin LLC, the ambitious space venture led by billionaire Jeff Bezos.
Scheduled to make ...