#Boeing-#SpaceX Team Splits $6.8 Billion Space Taxi Award

Boeing Co. and Elon Musk’s Space Exploration Technologies Corp. will split as much as $6.8 billion in federal funding to help the U.S. resume manned missions and end its dependence on Russian rockets.

The contract to ferry astronauts to the International Space Station will pay a maximum of $4.2 billion to Boeing and $2.6 billion to closely held SpaceX.

A third contender, Sierra Nevada Corp., was shut out.

Read more: The award caps a competition for the right to build the first U.S. manned craft since NASA retired the shuttle fleet in 2011