Trump Orders Faster Space Launch Approvals to Boost Commercial Industry

President Trump signed an executive order aimed at accelerating the approval process for commercial space launches, seeking to expedite growth in the sector. The directive instructs federal agencies to streamline approvals for launch and reentry operations, according to a White House fact sheet. This step is anticipated to benefit SpaceX, led by former ally Elon Musk, and other companies like Blue Origin and Rocket Lab.