SpaceX Falcon 9 rocket lifts off for the International Space Station in March 2025 from Cape Canaveral, Florida.

SpaceX Falcon 9 rocket lifts off for the International Space Station in March 2025 from Cape Canaveral, Florida.

Photographer: NASA/Getty Images North America

Trump’s NASA Nominee Backs Funding Method That Benefitted SpaceX

Tech billionaire is poised to further reshape the way the space agency does business.

Jared Isaacman, President Donald Trump’s pick for NASA chief, made history when he led the first all-civilian crew into space and completed the first commercial spacewalk. Now, the tech billionaire and CEO of Shift4 Payments is set to make his mark on the way the space agency finances its missions.

Isaacman, whose nomination is headed to the full Senate for approval, has voiced support for paying companies lump sums upfront to build a rocket or hardware to go to the moon in so-called fixed-price contracts.