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While Elon Musk Is Busy Taking A Dig At Boeing After Starliner Fails To Bring Astronauts Back From ISS, A New SpaceX Competitor Emerges With A Larger Rocket That Could Challenge Billionaire's Space Dominance

Benzinga LogoBenzinga1w ago

While Elon Musk Is Busy Taking A Dig At Boeing After Starliner Fails To Bring Astronauts Back From ISS, A New SpaceX Competitor Emerges With A Larger Rocket That Could Challenge Billionaire's Space Dominance - Benzinga

Quick Summary:

The Neutron is expected to be a direct competitor to SpaceX’s Falcon 9 rocket, offering partially reusable transportation of cargo into orbit at a fraction of the cost of traditional rockets.“Neutron is really important for two reasons.

Peter Beck, the CEO of Rocket Lab USA, Inc.(NASDAQ:RKLB), is preparing to launch a new, larger rocket that could rival Musk’s SpaceX and potentially disrupt the billionaire’s space dominance.

What Happened: In a recent conversation with Business Insider, Beck revealed his plans to launch a new, larger rocket, named Neutron, in mid-2025.


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While Elon Musk Is Busy Taking A Dig At Boeing After Starliner Fails To Bring Astronauts Back From ISS, A New SpaceX Competitor Emerges With A Larger Rocket That Could Challenge Billionaire's Space Dominance - Benzinga (Picture 1)

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Article Details

Author / Journalist: Navdeep Yadav

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-27 @ 10:26:26 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 511 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22279868

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Official Website: benzinga.com

Update Frequency: 9 posts per day

Year Established: 2010

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News Last Updated: 8 hours ago

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #53

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