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  • 6/6/2025
SpaceX CEO Elon Musk threatened to begin decommissioning the company’s Dragon spacecraft, according to The Associated Press. The move came after President Donald Trump suggested pulling federal contracts from Musk’s businesses. The clash unfolded Thursday on social media, where Musk responded to Trump’s remarks about cutting ties with SpaceX and Starlink by posting that Dragon decommissioning would begin immediately. While it’s unclear how serious the statement was, NASA heavily depends on SpaceX for transporting astronauts, supplies, and science missions, including plans to return humans to the moon. SpaceX is the only U.S. firm capable of ferrying crews to the International Space Station, following Boeing’s troubled Starliner program.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02SpaceX CEO Elon Musk threatened to begin decommissioning the company's Dragon spacecraft,
00:07according to the Associated Press.
00:08The move came after President Donald Trump suggested pulling federal contracts for Musk's
00:12businesses.
00:13A clash unfolded Thursday on social media when Musk responded to Trump's remarks about
00:16cutting ties with SpaceX and Starlink by posting that Dragon decommissioning would begin immediately.
00:22While it's unclear how serious the statement was, NASA heavily depends on SpaceX for transporting
00:27astronauts, supplies, and science missions, including plans to return humans to the moon.
00:31SpaceX is currently the only U.S. firm capable of ferrying crews to the International Space
00:35Station, following Boeing's troubled Starliner program.
00:38For all things money, visit Benzinga.com slash GSTV.

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