🚨 Elon Musk Shuts Down Dragon – SpaceX Terminates Key Program
On Thursday, Elon Musk announced that SpaceX is ending the Dragon program immediately.
He posted on X:
“In light of the President’s statement to terminate all government contracts with my companies, @SpaceX will begin phasing out the Dragon program effective immediately.”
The move comes after rising tensions between Musk and Donald Trump, triggered by Musk’s criticism of Trump’s tax plans. Trump responded by pulling NASA support for Jared Isaacman — a key Musk ally.
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🚀 Why This Matters:
• Dragon was NASA’s go-to spacecraft for crew & cargo after the Shuttle era.
• No immediate replacement is ready.
• Future missions like Artemis IV and the Lunar Gateway (Dragon XL) now face serious delays.
📉 Market Impact:
Tesla stock dropped 14% following the announcement. Musk’s reaction:
“Go ahead, make my day.”
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🛰️ Summary:
SpaceX is ending Dragon — a core part of U.S. spaceflight. With Starship not fully ready and no backup spacecraft available, NASA now faces a critical challenge — all due to a political clash between Trump and Musk.
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Disclaimer: This is for informational purposes only. Not financial advice. Investing in crypto or stocks carries risks.
