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It's classic innovator's dilemma where Boeing, Lockheed etc. simply can't face the implications of competing with someone coming in from outside.

Absolutely. SpaceX is already the cheapest $/kg to orbit. If things play out like Musk intends, they'll cut that number to a tenth of what it is today. There's no way Boeing can compete without a complete restructuring of its space business.

They certainly weren't going to put money into bringing this situation about.



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