Reuters reveals Biden administration drafting executive order to simplify space rules

Reuters exclusively reported that U.S. President Joe Biden’s administration is drafting an executive order intended to streamline approval for private rocket launches amid a broader effort to bring legal and regulatory clarity for American companies on everything from space travel to private space stations. The order would be part of a push to modernize U.S. space regulation, which has failed to keep up with the increasingly ambitious pace of private-sector investment and development.