Trump: We're now number one in space
ByAinvest
Tuesday, Sep 2, 2025 2:51 pm ET1min read
Trump: We're now number one in space
President Trump's recent executive order promoting commercial space competition highlights America's unique advantage in the final frontier. The order emphasizes the dynamic commercial space sector, with companies like SpaceX, Planet Labs, and Sierra Space rewriting the rules of space access and operations. However, it also underscores the need for a coherent, economically informed strategy for allocating responsibilities between the private and public sectors in space.The executive order aims to foster innovation and growth in the commercial space industry, which has become increasingly vital to the U.S. economy. By encouraging competition and investment, the order seeks to strengthen the U.S. position in the global space race. This comes at a critical time as other nations, such as China, are making significant strides in space exploration and technology.
The order also addresses the challenges faced by the U.S. space industry, including the need for a clear regulatory framework and the potential for public-private partnerships. By promoting collaboration between the government and private sector, the order seeks to leverage the strengths of both to drive progress in space exploration and technology.
Meanwhile, the political landscape in the U.S. remains unpredictable. According to Polymarket, the odds of President Trump resigning today are less than 1%, with a significant amount of trading activity around his tenure and health [2]. The White House has not disclosed the topic of the Oval Office announcement scheduled for 2 P.M. ET, but it is likely to have implications for the ongoing discussion around the future of the U.S. space program.
In the realm of space technology, SpaceX's latest test flight of the Starship mega-rocket has been a mixed bag. While the 10th test flight returned the craft to its previous performance level, it did not add any significant milestones towards reaching Earth orbit. The test did, however, achieve a soft landing of the two parts of the space shuttle and simulated the release of satellites into space [3]. This test is a step forward in SpaceX's quest to send unmanned craft to Mars in 2026 and land NASA astronauts on the Moon in 2027.
In conclusion, President Trump's executive order is a significant step towards strengthening the U.S. commercial space sector. However, the path forward remains uncertain, with both political and technological challenges to be overcome. The coming months will be crucial in determining the fate of the U.S. space program and its role in the global space race.
References:
[1] https://www.facebook.com/SpaceNewsInc/posts/president-trumps-recent-executive-order-promoting-commercial-space-competition-h/1186758473480890/
[2] https://cryptoslate.com/millions-bet-president-donald-trump-is-not-dead-as-polymarket-resignation-odds-stay-under-1/
[3] https://english.elpais.com/usa/2025-08-28/musk-keeps-us-plan-to-return-to-the-moon-in-limbo-after-a-year-without-progress-on-starship.html

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