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Bid may end launch monopoly

The Pentagon awarded a contract for 36 more military and spy satellite launches to United Launch Alliance, the Boeing (BA)-Lockheed (LMT) joint venture. But SpaceX, founded by PayPal co-founder and Tesla (TSLA) CEO Elon Musk, or upstart Orbital Sciences (ORB) could get contracts for the 14 other launches. The Pentagon has sought to introduce more competitive bidding to drive down costs. Getting a spy or military satellite into space can cost $1 bil.