SpaceX Wins $843 Million Contract to Bring Down Space Station

Elon Musk’s SpaceX has been picked by NASA to build a spacecraft to guide the International Space Station out of orbit and have it burn up in Earth’s atmosphere after the lab is retired in 2030.

The NASA contract is worth as much as $843 million, the US agency said in a statement on Wednesday.

Along with the ISS, a home-away-from-home for astronauts for years, SpaceX’s new vehicle “is expected to destructively breakup as part of the reentry process,” NASA said.

SpaceX will develop the so-called deorbit spacecraft and NASA will take ownership after development and operate it throughout ...