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Boeing CEO Credits Musk Amid $2B Losses, Delays

2/22/2025

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Summary

Story summary

Boeing CEO Kelly Ortberg lauded Elon Musk for his invaluable help in addressing delays with the Air Force One planes, now pushed to 2027. Musk's knack for simplifying technical requirements has been crucial, yet Boeing grapples with over $2 billion in losses and a troubling 10% drop in shares over the past year.

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Story summary

Boeing CEO Kelly Ortberg lauded Elon Musk for his invaluable help in addressing delays with the Air Force One planes, now pushed to 2027. Musk's knack for simplifying technical requirements has been crucial, yet Boeing grapples with over $2 billion in losses and a troubling 10% drop in shares over the past year.