Good News for Boeing and Lockheed: SpaceX Just Raised Its Launch Price

In 2016, United Launch Alliance (ULA) CEO Tory Bruno had a dream: to beat SpaceX on launch prices -- or at least come close.Eight years ago, the former Lockheed Martin (NYSE: LMT) executive announced ULA's plan to develop a new rocket that would launch for less than $100 million and put the company within a stone's throw of SpaceX's then-current $61 million launch price. The goal seemed fantastic at the time. ULA's Boeing-built (NYSE: BA) Delta IV rocket, after all, cost as much as $400 million per launch. The company's Lockheed-built Atlas V was a bit cheaper -- but nowhere near $61 million cheap.Eight years later, though, this goal is within Bruno's grasp. Media reports estimate that Vulcan, which has already begun launching, costs about $110 million -- pretty close to $100 million after accounting for eight years of inflation. Even more surprising, Elon Musk himself seems to be helping narrow the price difference between ULA and SpaceX. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool