SpaceX sues US Air Force, citing unfair contractor monopoly

June 7, 2014 2:54 PM

26 0

Elon Musk, the inventor and technology billionaire who recently debuted a rocket that he hopes will travel to Mars, has filed suit against the US Air Force claiming the military currently relies on an unfair billing process that costs taxpayers millions.

Musk, the founder and CEO of SpaceX, first announced that he would file suit during a press conference last month in which he said he was launching an effort to change what he perceives as a process that has essentially created a monopoly for United Launch Alliance (ULA), one of SpaceX's principal c...

Read more

To category page