Trump’s space budget reflects influence of Elon Musk and SpaceX

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Elon Musk and SpaceX are big winners in President Donald Trump’s 2026 spending plan. Trump is delivering on Musk’s wish list at both NASA and the Pentagon to reorient federal spending on space in a way likely to drive billions of dollars in new business to Musk’s space technology company, if Congress signs off on the budget plan.

At the Pentagon, Trump is calling for a massive jump in spending, an extraordinary 13% increase, almost entirely through allocations in a congressional budget reconciliation plan under consideration.

The jump would happen…



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Trump’s space budget reflects influence of Elon Musk and SpaceX


Elon Musk and SpaceX are big winners in President Donald Trump’s 2026 spending plan. Trump is delivering on Musk’s wish list at both NASA and the Pentagon to reorient federal spending on space in a way likely to drive billions of dollars in new business to Musk’s space technology company, if Congress signs off on the budget plan.

At the Pentagon, Trump is calling for a massive jump in spending, an extraordinary 13% increase, almost entirely through allocations in a congressional budget reconciliation plan under consideration.

The jump would happen…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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