Trump Space Industry Deregulation: Winners and Risks
Trump’s space industry deregulation aims to cut red tape, speed launches, and open new opportunities for U.S. space companies.
Matilda
Trump Space Industry Deregulation: Winners and Risks Trump Space Industry Deregulation: What It Means for the Future Efforts to reduce regulations in the U.S. space industry have taken center stage, with President Donald Trump pushing for a sweeping overhaul aimed at eliminating barriers to growth. His recent executive order targets outdated rules and licensing hurdles that many argue have slowed innovation and investment in space technology. By focusing on streamlining launch approvals, encouraging new spaceport development, and clearing red tape, the move is designed to give American companies a stronger edge in the global space economy. This deregulation approach could significantly shift how commercial space activities—from satellite launches to in-space manufacturing—evolve in the coming years. Image Credits:Kevin Dietsch / Getty Images Trump space industry deregulation and its goals Trump’s executive order directs the Department of Transportation to revise or remove licensing rules seen as unnecessary or overly restrictive. The Federa…