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white elephant Space Launch SystemThe Motley Fool
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74% Informative
NASA 's Office of Inspector General has raised numerous complaints about the Space Launch System project, a project led by Boeing .
The cost of SLS alone is estimated at $2 billion , or roughly 4 times the estimated cost back when Artemis was first proposed.
OIG: Boeing 's reputation has deteriorated to the point where it lacks expertise to build a decent space rocket.
Given the central role SLS plays in Project Artemis as a whole, Boeing 's issues with SLS could potentially lead a new administration to cancel plans to return to the moon entirely .
That could have ramifications all across the space industry, from Boeing to Lockheed to Northrop to L3Harris.
Space investors need to be aware of the risk.
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