Now Elon has a vested interest in the privatization of the space program but he also  has a lot of the current knowledge of the industry that objective observers do not like your’s truly.

His statement focuses on the economics of the program which, if that is what you focus on exclusively, make the decision an easy one to cancel.  And yet there is also the inspirational aspects to a robust manned program run directly by NASA.  I’m unsure if a private space program will inspire as much as one run by the USA directly.

Regardless it is what it is now.  Go read Elon’s statement here: [Space X: Elon Musk statement]