The post Elon Musk’s Jared Isaacman say his NASA push for space data centers will unlock ‘orbital economy’ appeared on BitcoinEthereumNews.com. Elon Musk’s allyThe post Elon Musk’s Jared Isaacman say his NASA push for space data centers will unlock ‘orbital economy’ appeared on BitcoinEthereumNews.com. Elon Musk’s ally

Elon Musk’s Jared Isaacman say his NASA push for space data centers will unlock ‘orbital economy’

Elon Musk’s ally Jared Isaacman just lit the fuse on something much bigger than a moon landing. Speaking on CNBC, the newly confirmed NASA Administrator said the United States will head back to the moon under President Donald Trump’s second term.

And this time, it’s for what Jared calls the “orbital economy.” “We want to have that opportunity to explore and realize the scientific, economic and national security potential on the moon,” Jared said during the interview.

He pointed directly to Trump’s renewed interest in space, calling it the key to turning the moon into an off-Earth economic hub.

The US Senate had finally confirmed Jared’s appointment last week after a chaotic back-and-forth that dragged all through 2025.

Trump’s NASA pick returns with space business agenda

Trump first picked Jared to run NASA back in December 2024. Then, in May, he suddenly yanked the nomination. No reason was given, but insiders allegedly pointed fingers at Jared’s tight relationship with Elon, since Trump and the latter publicly broke up last summer.

But the beef didn’t last. Trump circled back in November and renominated Jared, who already had the astronaut badge after flying on SpaceX’s Crew Dragon in 2021.

Now he’s not just aiming for the moon.Jared laid out plans for space data centers, nuclear power, and Helium-3 mining.

The rare gas could be a future fuel for fusion reactors and is buried in the moon’s surface. He also wants a permanent base, with nuclear propulsion systems ready to go beyond the moon.

That’s not a fantasy. Jared made it clear that these ideas are already in motion. NASA is working with SpaceX, Jeff Bezos’ Blue Origin, and Boeing under the Artemis campaign, which focuses on building a long-term presence on the moon and preparing for missions to Mars.

Trump’s One Big Beautiful Bill Act gave this campaign a huge boost by dropping $9.9 billion into NASA’s pocket earlier this year. Artemis II, the first crewed test flight on NASA’s Space Launch System and Orion spacecraft, is scheduled soon. That mission will be followed by Artemis III, with SpaceX providing the lunar landing vehicle.

Jared also said both SpaceX and Blue Origin are making reusable heavy-lift rockets using on-orbit cryogenic propellant transfer. He said, “That’s what’s going to enable us to be able to go to and from the moon affordably, with great frequency, and set up for missions to Mars and beyond.”

Tesla’s Cybertruck problem gets a SpaceX-sized bailout

Back on Earth, Tesla’s numbers are looking ugly. The company is struggling to sell even 20,000 Cybertrucks a year. That’s a far cry from Elon’s original promise of 500,000 units. Warehouses are now overflowing with unsold trucks. Production has already been scaled back.

But here comes SpaceX. The company bought over 1,000 Cybertrucks, and they might double that soon. An X user posted a video showing a storage lot filled with the vehicles. With each truck priced around $80,000, SpaceX’s order could total between $80 million and $160 million in Tesla sales.

Clearly, SpaceX is now turning into the main source of Elon’s wealth, not Tesla, like we’re used to. If things keep going this way, it will almost certainly even push his net worth over $1 trillion by this time next year.

If you’re reading this, you’re already ahead. Stay there with our newsletter.

Source: https://www.cryptopolitan.com/jared-space-data-centers-orbital-economy/

Market Opportunity
Dogelon Mars Logo
Dogelon Mars Price(ELON)
$0.00000005078
$0.00000005078$0.00000005078
-1.55%
USD
Dogelon Mars (ELON) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CME Group to launch options on XRP and SOL futures

CME Group to launch options on XRP and SOL futures

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Share
BitcoinEthereumNews2025/09/18 00:56
Trump Family Crypto Tie Deepens Scrutiny as Alt5 Fires Auditor

Trump Family Crypto Tie Deepens Scrutiny as Alt5 Fires Auditor

Alt5 Sigma Corp., a small fintech linked to a Trump family crypto project, abruptly dismissed its auditor weeks after hiring it and named a replacement on Christmas
Share
Cryptonews AU2025/12/30 13:21
Waters questions the SEC's dropping of crypto enforcement cases

Waters questions the SEC's dropping of crypto enforcement cases

Waters criticized SEC Chair Atkins for crypto policies, urging the committee to hold hearings promptly.
Share
Cryptopolitan2025/12/30 13:18