Boeing Co. launched a $19 billion share sale to address liquidity challenges, aiming to prevent a credit rating downgrade to junk status. The move follows a 40% slump in Boeing's stock this year and comes as new CEO Kelly Ortberg navigates a balance sheet strained by a prolonged workers' strike affecting 737 Max production. Boeing forecasts a fourth-quarter cash burn of $4 billion, bringing its total outflow to $14 billion for the year, and expects continued outflows into mid-2025 as it ramps up operations post-strike.