NASA is in talks with Boeing (BA) to expand Starliner missions, including the potential for 10 or more new flights, according to the WSJ

A potential multi-flight expansion of a crewed spaceflight contract is the kind of story where the headline value sits well above the earnings value for a long time: fixed-price development programmes of this sort have historically carried heavy early losses and test-flight delays, and incremental mission awards tend to be priced cautiously until execution risk is retired. The precedent on programmes of this kind is that the equity moves on cost charges, certification setbacks and schedule slips rather than on award announcements, which have generally produced modest, short-lived reactions. The framing matters too: this is described as talks, attributed to press reporting rather than a signed contract or a NASA award notice, which historically discounts the follow-through until either side confirms. The actors' prior form is the relevant filter, given the programme's track record of technical delays and write-downs, so the market tends to weight confirmation and terms over headline flight counts. Worth noting that a larger mission book also implies more launches and therefore more exposure to the kind of failure events that have previously driven outsized single-session moves in this name. The follow-ons are confirmation from the agency or the company, the contract structure and pricing, and where this sits relative to the programme's existing certification and flight schedule.