It's classic innovator's dilemma where Boeing, Lockheed etc. simply can't face the implications of competing with someone coming in from outside. Absolutely.

It's classic innovator's dilemma where Boeing, Lockheed etc. simply can't face the implications of competing with someone coming in from outside. Absolutely. SpaceX is already the cheapest $/kg to orbit. If things play out like Musk intends, they'll cut that number to a tenth of what it is today. There's no way Boeing can compete without a complete restructuring of its space business. They certainly weren't going to put money into bringing this situation about.