Trump orders easing of commercial spaceflight regulations, in boon to Musk’s SpaceX

Trump orders easing of commercial spaceflight regulations, in boon to Musk’s SpaceX


U.S. President Donald Trump speaks during an event at the Kennedy Center on August 13, 2025 in Washington, DC. Trump announced the first nominees of the annual Kennedy Center Honors since taking control of the center’s board earlier this year.

Kevin Dietsch | Getty Images

U.S. President Donald Trump signed an executive order on Wednesday to streamline federal regulation governing commercial rocket launches, a move that would benefit Elon Musk’s SpaceX and other private space ventures.

Trump’s order, among other things, directs the U.S. transportation secretary to eliminate or expedite environmental reviews for launch licenses administered by the Federal Aviation Administration, the White House said in a statement.

The declaration also calls on the secretary to do away with “outdated, redundant or overly restrictive rules for launch and reentry vehicles.”

“Inefficient permitting processes discourage investment and innovation, limiting the ability of U.S. companies to lead in global space markets,” the executive order states.

It added: “Overly complex environmental and other licensing and permitting regulations slow down commercial space launches and infrastructure development, and benefit entrenched incumbents (who can afford to bear the expense of regulatory compliance) over new market entrants (who cannot).”

Although Musk and Trump have remained embroiled in a high-profile feud for months, the billionaire entrepreneur’s SpaceX rocket and satellite venture potentially stands to be the single biggest immediate beneficiary of Trump’s order on Wednesday.

SpaceX, although not mentioned by name in the executive order, easily leads all other U.S. space industry entities, including NASA, in the sheer number of launches it routinely conducts.

Musk has complained that environmental impact reviews and post-flight mishap investigations have repeatedly slowed down testing of SpaceX’s ambitious new Starship rocket vehicle, under development at the company’s South Texas launch facility.



Source

Core inflation rate hit 3.2% in March as first-quarter growth disappointed at 2%
World

Core inflation rate hit 3.2% in March as first-quarter growth disappointed at 2%

Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Federal Reserve, according to a batch of reports Thursday that showed economic growth slower than expected and a generational low in layoffs. The core personal consumption expenditures price index, which excludes food and […]

Read More
Boaz Weinstein’s activist investor Saba seizes control of UK tech fund after bitter SpaceX feud
World

Boaz Weinstein’s activist investor Saba seizes control of UK tech fund after bitter SpaceX feud

Saba Capital, the activist hedge fund led by Boaz Weinstein, has won a dramatic victory in its long-running campaign against the board of Edinburgh Worldwide Investment Trust. Shareholders in Edinburgh Worldwide voted Thursday for Saba Capital’s plan to oust EWIT chair Jonathan Simpson-Dent — and five other board members — and to install three Saba-backed […]

Read More
Trump said his blockade would cause Iran’s oil industry to ‘explode’ this week. Why that won’t happen
World

Trump said his blockade would cause Iran’s oil industry to ‘explode’ this week. Why that won’t happen

Locked in a standoff with Iran that will break only when economic pain is no longer tolerable, President Donald Trump may have to maintain his naval blockade against Iran for weeks — forcing serious economic consequences on the world. Trump said Wednesday that he will keep the U.S. blockade against Iran in place until it […]

Read More