Boeing wants to withdraw from space project

Boeing is considering selling its space projects, including the Starliner spacecraft and projects related to the ISS space station.

The initiative is the latest in new CEO Kelly Ortberg's efforts to streamline the company, writes The Wall Street Journal. Boeing is still seeking a potential buyer, and it is unclear whether a deal will be made.

Boeing is in a deep economic crisis. The company recently reported a loss of 6.2 billion dollars for the third quarter.

Boeing has collaborated with the space agency NASA and its space program for decades. However, the new Starliner spacecraft has been plagued by persistent technical problems, leaving two astronauts stranded on the ISS space station for months.