Tuesday 16 September 2014 8:30 pm

Boeing and SpaceX will share a $6.8bn space taxi Nasa contract

NASA yesterday revealed Boeing and SpaceX will share a $6.8bn (£4.2bn) contract to fly astronauts to the International Space Station (ISS). Massive aerospace and defence company Boeing will get $4.2bn from Nasa to use its CST-100 capsule to ferry astronauts to the ISS. Meanwhile SpaceX, founded in 2002 by former Paypal entrepreneur and Tesla Motors chief executive Elon Musk, will get $2.6bn from Nasa for use of its Dragon Capsule. The deal follows the end of Nasa’s space shuttle programme in 2011, with the US space agency having to hitch a ride on Russian Soyuz rockets for around $70m a seat since then.

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