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Boeing 777X Faces Further Delays, OpenAI and Apple Seek Dismissal of Musk’s Lawsuit
Stock Market News·2025-10-02 22:38

Boeing 777X Delays - Boeing's 777X commercial debut has been postponed to early 2027, a delay from the previously targeted 2026 [2][8] - Analysts estimate potential non-cash accounting charges for Boeing could range from $2.5 billion to $4 billion due to these program delays [2][8] - The delays are primarily due to a complex certification process, described by Boeing CEO as a "mountain of work" [3] Impact on Airlines - Deutsche Lufthansa AG has adjusted its fleet plans, opting not to include the 777X until 2027 [3][8] - Emirates, the largest customer for the 777X, is reportedly becoming more cautious regarding the aircraft's entry into service [3][8] - Airlines are extending the operational life of older aircraft to bridge the gap created by these delays [3] OpenAI and Apple Lawsuit - OpenAI and Apple have moved to dismiss a lawsuit filed by Elon Musk's xAI, which accused them of anti-competitive practices [4][5] - Apple argues that their agreement with OpenAI is "expressly not exclusive" and that xAI's claims of antitrust harm are speculative [5][8] - OpenAI's legal team characterized Musk's legal actions as a form of "harassment" or "lawfare" [5]