Musk beats Bezos over $2.9 bln NASA contract

Video Credit: Reuters - Politics
Published on April 17, 2021 - Duration: 01:17s

Musk beats Bezos over $2.9 bln NASA contract

NASA awarded billionaire entrepreneur Elon Musk’s space company Space X a $2.9 billion contract to build a spacecraft to bring astronauts to the moon as early as 2024, the agency said, picking it over Jeff Bezos’ Blue Origin and defense contractor Dynetics.

Fred Katayama reports.


Musk beats Bezos over $2.9 bln NASA contract

Elon Musk beat out Jeff Bezos in the battle of the billionaires for a big NASA contract.

The U.S. space agency awarded Musk’s SpaceX a $2.9 billion contract to build a lunar lander.

SpaceX bid alone whereas Bezos’ Blue Origin had teamed up with Lockheed Martin and Northrop Grumman.

Defense contractor Dynetics had also put in a bid.

NASA’s lander is expected to carry two American astronauts to the moon’s surface as early as 2024.

Unlike the Apollo missions from 1969 to 1972, NASA is gearing up for a longer-term lunar presence that could lead to missions to Mars.

The agency aims to create regular service to the moon.

It’ll hold a separate competition for that contract.

NASA’s moon lander decision is a setback for Bezos.

He is now more focused on his space venture after announcing he’ll step down as Amazon CEO.

The contract was seen by Bezos and other executives as vital to Blue Origin establishing itself as a desired partner for NASA, and also putting the venture on the road to turning a profit.

You are here


💡 newsR Knowledge: Other News Mentions


NASA

American space and aeronautics agency
NASA's longest-running spacecraft Voyager 1 is sending information back to Earth again for the first time since November.
Credit: Sky News - Published 3 days ago

Nasa granted awards for the human exploration rover challenge on Monday to two Indian student teams from Delhi-NCR and Mumbai. The "Crash and Burn" award went to..
Credit: IndiaTimes - Published 3 days ago

Isro's S Somnath discusses Aditya L1 solar mission's ongoing Sun data transmission and instrument observations. The 5-year mission includes solar eclipse data..
Credit: IndiaTimes - Published 4 days ago


SpaceX

American private spacecraft company
Tesla and Space X CEO Elon Musk's tweet from January has caught the attention of the US, possibly paving the way for India to get a permanent seat at the UNSC...
Credit: IndiaTimes - Published 1 week ago


Related videos from verified sources

Elon Musk taunts Jeff Bezos over NASA contract 01:37
Video credit: Bleacher Report AOL - Published on April 28, 2021 

Astronauts welcomed onto International Space Station 01:46
Video credit: PA - Press Association STUDIO - Published on April 24, 2021 

NASA/SpaceX Partnership Launches Astronauts From Three Different Countries to Space Station 01:00
Video credit: AmazeLab - Published on April 23, 2021 

You might like