Ahead of a highly anticipated IPO, space giant SpaceX has landed more NASA contracts to take commercial crews to space. While the wins could be good news for current and future SpaceX investors, they also come while the space division of Boeing Inc (NYSE:BA) is struggling.

SpaceX Lands More Contracts

SpaceX helped rescue stranded astronauts in space, who were left there after the Boeing Starliner suffered several setbacks and was unable to complete the return mission.

A new report from SpaceNews says NASA has added more commercial crew contracts to space.

SpaceX is currently the only NASA-certified crew transportation method, with Boeing still working on being re-certified.

The new deal from NASA allows the space agency the ability to have a plan in place in case Boeing is not able to certify in time to carry out its existing space launch contract to take crews to the International Space Station.

SpaceX was part of the original contract with NASA to send crews to the International Space Station.

"It is necessary to ...