President Donald Trump's new administration is likely to do away with the White House's National Space Council, a cabinet policy panel that lobbyists at Elon Musk's SpaceX have been pushing to axe, according to three people familiar with the plans.

President Donald Trump set a bold new goal in his inauguration speech. He wants to go to Mars—and space stocks Rocket Lab USA, Intuitive Machines, Redwire to the moon. Details are thin, but the aspiration should benefit Elon Musk’s SpaceX and a bevy of publicly traded commercial space stocks.

President Donald Trump on Tuesday announced Stargate, a new entity that plans to invest $500 billion in artificial intelligence infrastructure with the goal of making advancements in industries like health care and positioning the U.S. as the leader in AI.

Wedbush Securities analyst Dan Ives predicts that Musk’s revenues from the government are poised to skyrocket under the new administration, calling it “golden era” for him and his companies with Trump in the White House.

The FAA said it must approve SpaceX's accident findings and any corrective actions. Elon Musk launches Starship test flight with Donald Trump watching The mishap threatens to derail Musk's goal to launch at least 12 Starship tests this year, depending on ...

SpaceX's Starship Explodes in Flight Test ... who was appointed to a new government cost-cutting role by incoming President Donald Trump, has repeatedly criticized the FAA for overreaching ...

Musk’s shots at Stargate are the latest development in a yearslong feud between him and OpenAI CEO Sam Altman.

A new poll suggests Americans are split on overhauling the federal government with Elon Musk's Department of Government Efficiency (DOGE). Research by the AP-NORC Center for Public Affairs Research found that only around 3 in 10 Americans approve of the effort.

"Americans are explorers, builders, innovators, entrepreneurs and pioneers. The spirit of the frontier is written into our hearts," Trump says.

The world saw Donald Trump take the oath of office for his second non-consecutive term as President of the United States on Monday. The ceremony, held in the Rotunda of the U.S. Capitol, drew an eclectic crowd of tech moguls, foreign diplomats, and business leaders.

Administration insiders suggest the president may get rid of the White House advisory body, which SpaceX's top lobbyist calls 'a waste of time.'