SpaceX Rockets Ahead of Boeing With Crew-1 Launch - Motley Fool

17, approximately 27 hours after lifting off from Cape Canaveral, a SpaceX Crew Dragon capsule carrying four astronauts docked with the International Space Station (ISS), marking the second successful trip to the ISS from U.S.

It's because SpaceX has cleared this bar that the mission that took flight last weekend was designated "Crew-1" even though it was the second spacecraft SpaceX had sent to the space station with astronauts on board. .

The first result: With every passing week, Boeing falls farther behind SpaceX in the corporate space race.

The other result: The longer this goes on, the more Congress will have to question NASA's decision to pay Boeing $4.2 billion to build and fly its Starliner (which hasn't yet reached ISS), when SpaceX only charged $2.6 billion (for Crew Dragons that have gone there twice).

According to data from S&P Global Market Intelligence, Boeing's Defense, Space & Security division is currently the most profitable business at Boeing, producing a 9.2% operating profit margin on $6.8 billion in revenue in the most recent quarter (versus a $1.4 billion loss at Boeing's Commercial Airplanes division).

Meanwhile, on the other side of the ocean, a couple of key Boeing rivals are having troubles of their own.

The former event may have little significance for Boeing, which generally doesn't compete with Ariane on commercial missions, while the latter event may seem more tied to an anticipated loss of revenue at Roscosmos if NASA stops buying astronaut seats aboard Russian rockets now that SpaceX has proven itself capable of taking over that mission

Still, it seems Boeing's not alone among space companies that are struggling right now