“In light of the President’s statement about cancellation of my government contracts, @SpaceX will begin decommissioning its Dragon spacecraft immediately.”
This announcement came after President Donald Trump threatened to revoke federal contracts and subsidies associated with Musk's companies, including SpaceX and Tesla.
The Dragon spacecraft is crucial for NASA missions, as it transports astronauts and cargo to the International Space Station (ISS). NASA has expressed its commitment to continue collaborating with industry partners to achieve the President's space objectives, despite the ongoing dispute.
However, it's worth noting that Musk later clarified that SpaceX will not decommission the Dragon spacecraft, indicating a potential de-escalation in the situation.
The feud between Musk and Trump has had significant repercussions, including a notable drop in Tesla's stock price. Investors are closely monitoring the situation, hoping for a resolution that brings stability to the market.
#TrumpVsMusk #MarketPullback #TRUMP #ElonMuskTwitter #ElonMuskTalks