Billionaire entrepreneur Elon Musk on Tuesday pegged Boeing Co‘s (NYSE:BA) lack of engineers in its leadership as the prime reason behind its ongoing crisis.
What Happened: “The CEO of an aircraft company should know how to design aircraft, not spreadsheets,” Musk wrote on X, formerly Twitter. Musk is CEO of SpaceX, a direct rival to Boeing’s space division.
The CEO of an aircraft company should know how to design aircraft, not spreadsheets https://t.co/q5lZejPxWb — Elon Musk (@elonmusk) June 25, 2024
Musk’s comment comes on the heels of reports that U.S. prosecutors are urging the Department of Justice to bring criminal charges against Boeing. The aircraft manufacturer allegedly failed to adhere to the terms of a 2021 settlement related to two fatal plane crashes involving its 737 Max jets. DoJ leaders have until July 7 to decide if they want to press charges.
If the DoJ presses charges, it ...