President-elect Donald Trump has chosen billionaire Jared Isaacman as the new head of NASA, a move that is being seen as positive for rocket and satellite makers like Rocket Lab USA Inc. According to Peter Beck, CEO of Rocket Lab, Isaacman’s ties to SpaceX founder Elon Musk are not a concern. Despite initial reservations, optimism about pro-space policies has lifted the shares of companies like Rocket Lab, indicating a boost in investor confidence.
Isaacman, a financial technology executive, has already made headlines for his space travels, including performing the world’s first commercial space walk in September. He has also invested an undisclosed sum in SpaceX.
Source: https://www.bloomberg.com/news/articles/2024-12-05/trump-choice-for-nasa-will-help-space-industry-rocket-lab-ceo