Boeing announced Monday it lost $523 million on the Starliner crew capsule program last year, putting the aerospace company $2 billion in the red on its NASA commercial crew contract since late 2019.

While SpaceX CEO Elon Musk and the Trump administration lay waste to NASA's operations, the specter of embattled aerospace giant Boeing's disastrous Starliner project still looms large. In an official filing with the Securities and Exchange Commission,

Boeing (NYSE:BA) recorded its biggest annual reach-forward loss related to its Starliner program spacecraft in 2024, and has lost more than $2B since it first secured the nearly $5B fixed-price contract from NASA to develop the spacecraft.

Boeing's losses on its Starliner spacecraft topped $2 billion and counting after a rough year. The Starliner program reported charges of $523 million for 2024 — its largest single year loss to date. Last summer,