News · Yahoo Finance

NASA to Buy a New Space Station. Price Tag: $34.1 Billion

NASA will pay SpaceX $850 million to deorbit the International Space Station after 2030, and has released a Request for Proposals to build a privately owned replacement that it would lease. Bids are due December 8, and NASA plans to select two or more teams, committing at least $100 million to phase 1 design and development. The winner(s) would receive an eight-year contract from April 2027 to April 2035, extendable to April 2042, with NASA anticipating $34.1 billion in total spending. Axiom Space, Orbital Reef, Starlab and Vast are competing, and the article notes Starlab, led by Voyager Technologies (VOYG), is the only team investors can currently buy into.

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