BoeingX represents the future of aerospace transportation by combining the powers of Boeing Aerospace and Space Exploration Technologies Corporation (SpaceX).
PRESS RELEASE:
CHICAGO, IL., April 1, 2022 — Boeing (NYSE: BA) and Space Exploration Technologies Corporation (SpaceX) announced their intention to merge and form a new entity entitled BoeingX. The new organization will maintain its aerospace operations with headquarters in Chicago while space operations transitions to Boca Chica (“Starbase”), Texas. SpaceX CEO Elon Musk will continue to lead the SpaceX team while overseeing the Boeing space projects like the powerful Space Launch System.
“This new merger will bring together the powers of Boeing with the engineering vision of SpaceX to create the leading aerospace and deep space transportation sectors”, said Boeing CEO David Calhoun. “Having a purpose driven leader like Elon at the helm will take the Boeing space program further and faster than we could have done so on our own.”
“So, yeah, I’m excited for this new venture in my career and opportunity for our two staffs to join. I’m sure they will have some good ideas to combine with what we are doing here at SpaceX as well as our visionary plans for life on Mars”, said SpaceX CEO Elon Musk.
NASA Administrator Bill Nelson said, “This represents a pivotal moment the United States’ march toward outer space. These two industry titans joining teams, like the Starship and SLS systems, create the most powerful force in modern rocketry and space exploration. NASA is proud to support this merger and announcement.”
SpaceX will immediately adopt the Boeing naming conventions for its fleet of Falcon rockets including the Falcon cargo transport designated as the Falcon 919, the Falcon crew transport as Falcon 929, Falcon satellite deployment transport as the Falcon 939, and the Falcon heavy as the Falcon 979. Starship’s future designation has not been identified at press time.
The merger is expected to complete April 20, 2022 in a signing ceremony to take place at Starbase in preparation for the launch of Starship on its maiden voyage around the globe.
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About Boeing
As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future and living the company’s core values of safety, quality and integrity. Learn more at www.boeing.com.
About SpaceX
Space Exploration Technologies, also known as SpaceX, designs and builds its reusable rockets and spacecraft. It is vertically integrated, building the vast majority of the vehicle on the Hawthorne campus. The company’s launch rockets are Falcon 9, which can push some 50,265 pounds of payload into low-Earth orbit, and Falcon Heavy, which can carry a load up to some 140,660 pounds. SpaceX is the only private company capable of returning a spacecraft from low-Earth orbit. In all, the company has a total launches of around 125, about 90 total landings, and over 65 reflown rockets. The company was founded in 2008.
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