• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 20th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
SpaceX's next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched from the company's Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. November 18, 2023. REUTERS/Joe Skipper/File photo
SpaceX's next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched from the company's Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. November 18, 2023. REUTERS/Joe Skipper/File photo
Tesla CEO and X owner Elon Musk speaks as Republican presidential nominee and former U.S. president Donald Trump looks on during a rally at the site of the July assassination attempt against Trump, in Butler, Pennsylvania, U.S., October 5, 2024. REUTERS/Carlos Barria/File Photo
Tesla CEO and X owner Elon Musk speaks as Republican presidential nominee and former U.S. president Donald Trump looks on during a rally at the site of the July assassination attempt against Trump, in Butler, Pennsylvania, U.S., October 5, 2024. REUTERS/Carlos Barria/File Photo
SpaceX's Elon Musk gives an update on the company's Mars rocket Starship in Boca Chica, Texas U.S. September 28, 2019. REUTERS/Callaghan O'Hare/File Photo
SpaceX's Elon Musk gives an update on the company's Mars rocket Starship in Boca Chica, Texas U.S. September 28, 2019. REUTERS/Callaghan O'Hare/File Photo
Home
World
United States

Elon Musk's Mars dream could get boost from Trump victory

November 8th, 2024 | 11:07 AM WORLD United States 4

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Trump the builder carves his legacy in stone as pressures mount
Washington Dulles airport gains approval for $19.9 billion overhaul
IndyCar race comes to Washington, tracing a city reshaped by Trump
Trump put thousands of soldiers on Washington’s streets. They seldom stop crime  
By Joey Roulette

Elon Musk's dream of transporting humans to Mars will become a bigger national priority under the administration of U.S. President-elect Donald Trump, sources said, signaling big changes for NASA's moon program and a boost for Musk's SpaceX.

NASA's Artemis program, which aims to use SpaceX's Starship rocket to put humans on the moon as a proving ground for later Mars missions, is expected to focus more on the Red Planet under Trump and target uncrewed missions there this decade, according to four people familiar with Trump's burgeoning space policy agenda.

Targeting Mars with spacecraft built for astronauts is not only more ambitious than focusing on the moon, but is also fraught with risk and potentially more expensive.

Musk, who danced onstage at a Trump rally wearing an "Occupy Mars" T-shirt in October, spent $119 million on Trump's White House bid and has successfully elevated space policy at an unusual time in a presidential transition.

In September, weeks after Musk endorsed Trump, the latter told reporters that the moon was a "launching pad" for his ultimate goal to reach Mars.

"At a minimum, we're going to get a more realistic Mars plan, you'll see Mars being set as an objective," said Doug Loverro, a space industry consultant who once led NASA's human exploration unit under Trump, who served as U.S. president from 2017 to 2021.

SpaceX, Musk and the Trump campaign did not immediately return requests for comment. A NASA spokeswoman said it "wouldn’t be appropriate to speculate on any changes with the new administration."

Plans could still change, the sources added, as the Trump transition team takes shape in the coming weeks.

Trump launched the Artemis program in 2019 during his first term and it was one of the few initiatives maintained under the administration of President Joe Biden. Trump space advisers want to revamp a program they will argue has languished in their absence, the sources said.

Musk, who also owns electric-vehicle maker Tesla (TSLA.O) and brain-chip startup Neuralink, has made slashing government regulation and trimming down bureaucracy another core basis of his Trump support.

For space, the sources said, Musk's deregulation desires are likely to trigger changes at the Federal Aviation Administration's commercial space office, whose oversight of private rocket launches has frustrated Musk for slowing down SpaceX's Starship development.

The FAA did not immediately respond to a request for comment.

NASA under Trump, the sources said, is likely to favor fixed-price space contracts that shift greater responsibility onto private companies and scale back over-budget programs that have strained the Artemis budget.

That could spell trouble for the only rocket NASA owns, the Space Launch System rocket (SLS), whose roughly $24 billion development since 2011 has been led by Boeing (BA.N) and Northrop Grumman (NOC.N). Cancelling the program, some say, would be difficult since it would cost thousands of jobs and leave the U.S. even more dependent on SpaceX.

Boeing and Northrop did not immediately return a request for comment.

Musk, whose predictions have sometimes proven overly ambitious, said in September that SpaceX will land Starship on Mars in 2026 and a crewed mission will follow in four years' time. Trump has said at campaign rallies that he has discussed these ideas with Musk.

Many industry experts see this timeline as improbable.

"Is it possible for Elon to put a Starship on the surface of Mars in a one-way mission by the end of Trump's term? Absolutely, he certainly could do that," said Scott Pace, the top space policy official during Trump's first term.

"Is that a manned mission on Mars? No," Pace added. "You have to walk before you run."

  • Topic
  • Space
  • MUSK/TRUMP (PIX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Trump the builder carves his legacy in stone as pressures mount

Related Posts

United States
August 19th, 2026

Trump the builder carves his legacy in stone as pressures mount

United States
August 19th, 2026

Washington Dulles airport gains approval for $19.9 billion overhaul

United States
August 19th, 2026

IndyCar race comes to Washington, tracing a city reshaped by Trump

United States
August 19th, 2026

Trump put thousands of soldiers on Washington’s streets. They seldom sto...

United States
August 18th, 2026

DOJ issues subpoenas in probe of Alaska candidate with same name as Sena...

United States
August 18th, 2026

US housing market remains under pressure in July; factory output rises

The Wire
Aug 20th 4 h ago
Technology

China puts robocops on traffic duty, minus the arrest power...

Aug 20th 5 h ago
Soccer

Japan's Miura, 59, becomes oldest scorer in Emperor's Cup h...

Aug 20th 5 h ago
Environment

A decade after earthquake, Italy's Amatrice struggles to re...

Aug 20th 5 h ago
ROI: Reuters Open Interest

The Iran war energy crisis is just getting started

Aug 20th 5 h ago
Media & Telecom

'Baby Shark' boy returns to stage as a K-pop singer

TRENDING ON FINANCETIME
Aug 20th, 2026 Litigation

SK Hynix to pay 60% of employee bonuses in company stock under preliminary deal, says source

Aug 20th, 2026 Asia Pacific

Outsider who could decide New Zealand's next government wants to tax wealth, not work

Aug 20th, 2026 Business

Aegon raises share buyback plan to 350 million euros

Aug 20th, 2026 Africa

South Africa's Exxaro half-year profit down 20%, cuts dividend

Aug 20th, 2026 Cricket

Australia look for response to 'Darwin Disaster' in second Bangladesh test

Markets-Sectors
BASIC MATERIALS +1.43%
UTILITIES +0.00%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT