Elon Musk vs Donald Trump: Billion-Dollar Fallout Over SpaceX Contracts
The public feud between Elon Musk and former President Donald TRUMP escalated dramatically this week, with Musk threatening to decommission SpaceX's Dragon spacecraft—a critical component of NASA's $4.9 billion ISS transport program. Trump had earlier criticized Musk's reliance on government subsidies, prompting the SpaceX CEO to announce the immediate shutdown of Dragon operations. The move would have left Russia's Soyuz as the sole spacecraft capable of ISS missions.
Musk reversed course hours later after social media backlash, posting a conciliatory 'Team America' message alongside an image of the Dragon spacecraft. The confrontation highlights the precarious balance between private space enterprises and government funding—a tension with parallels in cryptocurrency's relationship with regulatory bodies.