On August 13, 2025, U.S. President Donald Trump signed an executive order aimed at streamlining federal regulations governing commercial rocket launches. The order focuses on expediting Federal Aviation Administration (FAA) licensing by reducing or accelerating environmental reviews, thereby removing barriers at both federal and state levels. This regulatory overhaul is intended to accelerate the growth of the commercial space industry, benefiting companies such as Elon Musk's SpaceX and other private space ventures. Additionally, Trump revoked a 2021 executive order from the Biden administration that promoted economic competition by addressing corporate abuses and large mergers. The new directive reflects a shift in policy toward deregulation in the space sector, which has become increasingly competitive among private companies and military interests. The move has been characterized as unleashing U.S. space power and has drawn attention to the evolving landscape of private spaceflight.