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It’s over! SpaceX did not expect this, ULA is in BIG TROUBLE… selling company
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SpaceX did not expect this, ULA is over and selling company
Two years ago, SpaceX CEO Elon Musk boldly predicted that United Launch Alliance (ULA) would be “dead as a doornail”. Now, it appears his prophecy is coming to fruition.
According to three sources who spoke to Ars Technica, ULA is likely to be sold before the end of the year. Investment firm Morgan Stanley and consulting firm Bain & Company are reportedly managing the transaction, though the details of the potential sale have yet to be disclosed publicly.
If the sale goes through, it would mark a major shift in the global aerospace industry, as ULA is one of the world’s most important rocket companies. It remains to be seen what the future holds for ULA, but Elon Musk’s prediction may soon become a reality.
This is the end of an era for the global rocket industry! So, what does the future hold for ULA? How did CEO Tory Bruno respond to this news? And who can step in to save the company?
All these questions and more will be answered in today’s episode of Great SpaceX!
The sale of United Launch Alliance (ULA), a company that has been a cornerstone of the industry for nearly two decades, would mark the end of an era. ULA was formed in 2005 as part of a deal brokered by the US government, which sought to ensure the military had access to both Atlas and Delta rockets to launch national security satellites into space. To create ULA, Lockheed Martin and Boeing merged their respective launch businesses, each taking a 50 percent stake in the company.
It’s over! SpaceX did not expect this, ULA is in BIG TROUBLE… selling company
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