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Trump Targets $50 Billion Investment in U.S. Space Sector

4/14/2026

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Story summary
  • U.S. President Donald Trump aims to attract $50 billion in new investments in the American space sector by 2028.
  • The Department of Commerce proposes streamlining the approval process for commercial space operations to address regulatory uncertainties and boost economic activity.
  • The plan designates the Office of Space Commerce as the lead agency, creating a predictable framework for startups to gain government approval for in-space manufacturing.