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NASA extended its commercial crew contract with Space Exploration Technologies Corp (NASDAQ:SPCX), adding three crewed Dragon flights to the International Space Station through 2030, worth up to $946 million upon completion.
Deal Deepens NASA’s Reliance on Dual Commercial Partners The extension brings SpaceX’s total under the Commercial Crew Transportation Capability contract to 17 operational missions. NASA said on Friday that the move helps it “maintain access to the space station with two unique commercial crew industry partners.” Under the full contract, SpaceX will have earned $5.92 billion from NASA.
Boeing Co. (NYSE:BA) is the other partner under NASA’s Commercial Crew Program, providing astronaut transport via its Starliner capsule. NASA and Boeing are targeting an uncrewed cargo flight, Starliner-1, no earlier than the fourth quarter of 2026, according to Boeing’s second-quarter 2026 financial filing.
Modification Covers Full Mission Support Package SpaceX will handle ground, launch, in-orbit, and return and recovery operations under the modification. The award also covers cargo transportation for each mission and lifeboat capability while Dragon is docked to the space station, according to NASA.
Government contracts from NASA and the Department of Defense continue to support SpaceX’s launch revenue. The company, which went public in June, is reportedly winding down its six-year-old Dragon program as it shifts its focus to Starship, which is still under development, for future missions.
Trading Metrics SpaceX has a market capitalization of $2.07 trillion, a 52-week high of $225.64 and a 52-week low of $104.83.
The large-cap space stock has gained 6.54% over the past month.
