Politics8/13/2025Bloomberg

Trump Signs Order to Ease Space Industry Regulations in Musk Win

Trump Signs Order to Ease Space Industry Regulations in Musk Win

President Donald Trump has signed an executive order to streamline regulations for the commercial space industry. The order aims to expedite the licensing process for rocket launches, which is seen as a win for the rapidly growing sector and Elon Musk's SpaceX. The move is intended to support the expansion and competitiveness of the commercial space industry in the United States. The executive order is part of the administration's broader efforts to promote private sector involvement in space exploration and development. It is expected to benefit companies like SpaceX, which have been advocating for regulatory reforms to facilitate their operations and future growth.

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