logo
Amid Musk threat to decommission SpaceX Dragon, NASA reveals more Boeing Starliner delays

Amid Musk threat to decommission SpaceX Dragon, NASA reveals more Boeing Starliner delays

Yahoo3 hours ago

As the fracas between Elon Musk and President Donald Trump escalated last week to the point of Musk threatening to decommission SpaceX's Dragon spacecraft, NASA revealed even more delays to Dragon's alternative, Boeing's Starliner.
'NASA is assessing the earliest potential for a Starliner flight to the International Space Station in early 2026, pending system certification and resolution of Starliner's technical issues,' according to a statement sent to media late Friday.
Though it didn't mention SpaceX specifically, the statement — coupled with Musk's threat — underscored the extraordinary degree to which NASA remains dependent on the private company for many of its key endeavors. It came after the fallout between the two powerful men sparked in part by Musk's opposition to Trump's so-call 'Big Beautiful Bill' that critics including Musk say would increase federal spending.
Trump posted a threat on his Truth Social platform last week saying, 'The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts. I was always surprised that Biden didn't do it!'
That would include NASA's Commercial Crew Program contracts that rely on SpaceX as the lone U.S.-based option to safely fly astronauts to the International Space Station.
'In light of the President's statement about cancellation of my government contracts, @SpaceX will begin decommissioning its Dragon spacecraft immediately,' Musk posted to X in retort, although he later backed off.
By now, Boeing's Starliner was supposed to have been a viable alternative sharing the taxi duties with SpaceX, but it has fallen behind Musk's company by more than five years.
Last year, Starliner made its first flight with crew on board to the station, but suffered thruster issues and helium leaks on the way to docking with the station. NASA elected to send the spacecraft home without its crew, and the original plan for as short as an eight-day stay on board turned into more than nine months.
While Starliner was able to make a safe landing, NASA and Boeing's path forward required not only a fix of the thruster and helium leak issues, but juggling whether or not the next flight would risk humans on board. That decision is pending, NASA said Friday.
'The agency is still evaluating whether Starliner's next flight will be in a crew or cargo configuration,' NASA stated. 'NASA astronauts are training for a Starliner post-certification mission as the agency continues to review its forward plans and execute testing campaigns targeted throughout the spring and summer.'
With the continued delay, two of the crew that were looking to fly on the first operational rotational crew mission — Starliner-1 — were pulled and reassigned to the upcoming SpaceX Crew-11 mission that's targeting liftoff in late July.
NASA said it has not yet determined just who will be assigned to the full Starliner-1 crew.
But if the next flight is yet another uncrewed certification mission to ensure it's safe for astronauts, and that doesn't come until early 2026, then an actual operational flight would come likely no earlier than summer 2026.
In the meantime, SpaceX will be relied on to continue rotational missions, although for now NASA has not announced the mission that will relieve Crew-11.
If SpaceX were not a viable option, the U.S. would have to return to relying on Russia and its Soyuz spacecraft to maintain a presence on the space station. That's the situation NASA was in after the Space Shuttle Program ended in 2011.
It wasn't until May 2020 when SpaceX was successful with the crewed Demo-2 mission that NASA was able to launch from the U.S. again.
Since then, SpaceX has flown its fleet of four Crew Dragons 17 times carrying 64 humans to space. That includes 10 operational crew rotation missions as well as three private company visits to the space station for Axiom Space. A fifth Crew Dragon is set to launch for the first time Wednesday morning on Axiom Space's Ax-4 mission taking another four-person crew on a two-week trip to the space station.
_____

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump isn't done with Musk yet, Michael Cohen says
Trump isn't done with Musk yet, Michael Cohen says

The Hill

time18 minutes ago

  • The Hill

Trump isn't done with Musk yet, Michael Cohen says

President Trump's ex-personal attorney Michael Cohen on Saturday said that Trump isn't done with tech billionaire Elon Musk yet, after tensions between the two men became incredibly heated in a public social media spat last week. 'They're going to really go after Elon Musk like nobody has seen, ever, in this country, because they can,' Cohen told MSNBC's Ali Velshi. 'And one thing Elon doesn't understand is this political guerilla warfare that they're going to conduct against him,' he added. On Thursday, a fight between Musk and Trump over the president's 'big, beautiful bill' earlier in the week escalated rapidly on Musk's X platform and Trump's Truth Social platform. The president said the tech billionaire 'just went CRAZY!' and threatened Musk's government contracts. Musk alleged that Trump had ties to convicted sex offender and financier Jeffrey Epstein on X. The public spat followed the end of Musk's recent service in the Trump administration and an alliance with the president that appeared to start off strong. Musk endorsed Trump in July 2024 in the wake of Trump surviving an assassination attempt in Pennsylvania. Musk's administration service was marked by intense backlash from those on the left and Democrats over actions taken by Musk's Department of Government Efficiency (DOGE) on the federal government. 'He doesn't care about Elon Musk,' Cohen said in his MSNBC appearance, talking about Trump. 'He used Elon Musk for what he needed. Initially it was the money, so that he didn't have to lay out any of his own, and also, more importantly, for his access with X.' The Hill has reached out to the White House and X for comment.

Newsom blasts Trump's arrest threat as ‘unmistakable step toward authoritarianism'
Newsom blasts Trump's arrest threat as ‘unmistakable step toward authoritarianism'

San Francisco Chronicle​

time19 minutes ago

  • San Francisco Chronicle​

Newsom blasts Trump's arrest threat as ‘unmistakable step toward authoritarianism'

President Donald Trump on Monday endorsed the idea of arresting California Gov. Gavin Newsom over the state's resistance to federal immigration enforcement efforts in Los Angeles, intensifying a clash that has already drawn legal challenges and fierce rebukes from Democratic leaders. 'I would do it if I were Tom,' Trump said, referring to Tom Homan, his border czar, who over the weekend suggested that state and local officials, including Newsom and Los Angeles Mayor Karen Bass, could face arrest if they interfered with immigration raids. 'I think it's great. Gavin likes the publicity, but I think it would be a great thing,' Trump added. Trump's remarks signal a sharp escalation in the administration's crackdown on sanctuary jurisdictions and a willingness to target political opponents in unprecedented ways. Newsom responded swiftly, calling Trump's words a chilling attack on American democratic norms. 'The President of the United States just called for the arrest of a sitting Governor,' Newsom wrote on X. 'This is a day I hoped I would never see in America. I don't care if you're a Democrat or a Republican this is a line we cannot cross as a nation — this is an unmistakable step toward authoritarianism.' Tensions escalated sharply after Trump deployed 2,000 National Guard troops to Los Angeles following days of civil unrest related to Immigration and Customs Enforcement raids. The deployment marked the first time a president has federalized a state's National Guard without the governor's consent since 1965. Newsom and California Attorney General Rob Bonta announced plans to sue Trump and Defense Secretary Pete Hegseth, alleging the deployment was unlawful. 'Federalizing the California National Guard is an abuse of the President's authority under the law,' Bonta said at a press conference. 'There is no invasion. There is no rebellion.' Meanwhile, David Huerta, president of SEIU California, was charged with felony conspiracy to impede an officer after his arrest during the L.A. protests. Despite the furor, legal experts note that Homan lacks the authority to arrest elected officials, and his role remains advisory. Still, Trump's rhetoric has raised alarms among critics who view his comments as part of a broader pattern of undermining democratic institutions. 'This is a preview of things to come,' Newsom warned in an interview with Brian Taylor Cohen that he shared on social media. 'This isn't about L.A., per se,' the Democratic governor added. 'It's about us today, it's about you, everyone watching tomorrow. This guy is unhinged. Trump is unhinged right now, and this is just another proof point of that.' At a news conference held by lawmakers in Sacramento to discuss the protests in Los Angeles, Assembly Speaker Robert Rivas, D-Hollister, said Trump's threat to arrest Newsom is a 'direct assault on democracy and an insult to every Californian.'

Musk's feud with Trump reveals one ugly truth about Tesla stock
Musk's feud with Trump reveals one ugly truth about Tesla stock

Yahoo

time19 minutes ago

  • Yahoo

Musk's feud with Trump reveals one ugly truth about Tesla stock

You can catch Opening Bid on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts. The very public spat that has erupted between Tesla (TSLA) CEO Elon Musk and president Donald Trump has sent shares of the EV maker on a wild, wild ride. Shares are off by 15% over the last five sessions as investors fear Trump will take aim at Musk's various lines of business. Musk also being out of Trump's inner circle also runs counter to the bull thesis that circled Tesla's stock post election. But the dustup between the two powerbrokers brings to light a major problem for Tesla's stock as Musk tries to jumpstart a sagging EV business. There is a big disconnect between Tesla's valuation and what's happening underneath the surface. For example, Tesla's stock is up 12% since October 2022 – yet, consensus EPS estimates for 2025, 2026 and 2027 have plunged 77%, 70% and 71% since then according to new research from JP Morgan auto analyst Ryan Brinkman. Further, the stock is valued at a significant premium to the broader market despite Trump likely doing away with EV tax credits soon. The tax credit has been a driver of Tesla's sales and profits. EV subsidies represent about 52% of Tesla's current profits, Brinkman estimates. For full episodes of Opening Bid, listen on your favorite podcast platform or watch on our website. Yahoo Finance's Opening Bid is produced by Langston Sessoms All right. Welcome to a new episode of The Opening Bid Podcast. I'm Yahoo! Finance executive editor, Brian Sozzi. And this is our stock of the day. Let's get a minute on that clock. Uh, of course, we're going to start with the Elon Musk feud with President Trump, continuing to unfold, has quieted down a little bit, but nonetheless, it's something to be following because it has impacted Tesla stock. Uh, shares are down by 15% over the last five sessions. Uh, of course, when the president, uh, won the presidency, there was this thought that Elon would help, uh, you know, his closeness or proximity to the president would help get auto taxis approved, and everybody would be using robots. Now that thesis has unwound, as Musk is clearly not in the Trump inner circle. But this is highlighted, uh, this feud has highlighted really two problems with Tesla stock. First, uh, the valuation of the stock versus reality. Uh, have to give a shout out to Ryan Brinkman at JP Morgan. Uh, he notes that, uh, Tesla stock is up 12% since October 22. Yet, consensus EPS estimates, I mean, these are shocking to clients, for 2025, next year and 2027 have plunged by 77%, 70%, and 71%, respectively. These are huge declines at a time where Tesla stock is still high. And the problem number two, as I mentioned, is in fact the valuation. Tesla stock valued about 140 times forward estimated earnings. Uh, the S&P 500 is about 22 times. And if President Trump rolls back those EV tax credits, like, uh, it is expected because of his big beautiful bill, um, Tesla could lose a lot of profits. Brinkman estimates EV subsidies represent about 52% of Tesla's core profits, uh, and theoretically, all those profits would go up in smoke. That's our stock of the day on The Opening Bid Podcast.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store