The rapidly escalating spat between President Donald Trump and Elon Musk, the world’s richest man, definitely adds to the challenges facing NASA and America’s space effort — but what does it mean for the commercial rivals of SpaceX, the space company that Musk founded?
It’s way too early to gauge the impact precisely, but today’s market swings provide a hint: Two of the companies that are competing with SpaceX’s Starlink satellite broadband network, EchoStar and AST SpaceMobile, saw their shares rise 16% and 8% respectively.
It’s also way too early to say whether the Trump-Musk bromance is irrevocably broken. The sanest outcome would be for them to patch up their relationship, especially considering that billions of dollars in SpaceX contracts are at stake. The U.S. government currently depends on SpaceX to get NASA’s astronauts to and from the International Space Station as well as to launch robotic spacecraft ranging from spy satellites to interplanetary probes.
Today’s outbursts, delivered primarily via Musk’s X social-media platform and Trump’s Truth Social platform, suggest that making up might be hard to do. Musk tore into Trump’s “One Big Beautiful Bill,” calling it the “Big Ugly Spending Bill.” Trump said the easiest way to save billions of dollars of federal spending would be to “terminate Elon’s Governmental Subsidies and Contracts.” And Musk said that, in light of that crack, SpaceX would “begin decommissioning its Dragon spacecraft immediately” — even though those spacecraft are essential to ISS operations. (Musk later backed off on that threat.)
Alternatives to SpaceX’s Dragon aren’t immediately available, unless you count Russia’s Soyuz and Progress spacecraft. Today’s threats and counterthreats illustrate why it may be unwise for America’s space effort to rely so much on one commercial provider, even if that provider is as innovative as SpaceX has been.
