Elon Musk reclaims trillionaire status as SpaceX shares climb 8%
SpaceX, Apollo, Nvidia, and Pimco did not immediately respond to requests for comment from Reuters.
The US Federal Aviation Administration (FAA) said on Tuesday, it is proposing to streamline regulations for commercial space launches and re-entries.
The proposals would allow electronic launch applications, offer greater flexibility in demonstrating equivalent levels of safety, and combine three required safety analyses into a single submission.
“Simplifying these critical rules will ensure American space operators can continue leading the world in commercial launch growth while maintaining the FAA’s highest safety standards,” the FAA said in comments reported by Reuters.
According to the same outlet, the White House wants to enable at least 1,000 launches and re-entries annually by 2030, up from 178 launches in 2025,
