Trump's order states that it is imperative to increase commercial rocket launches in the U.S.

Trump's executive order is undoubtedly a huge win for Elon Musk, who has spent years pushing back on federal regulations he views as "superfluous."

SpaceX has become known for its risk-tolerant philosophy for the development of its Starship, which has led to several high-profile explosions.

SpaceX and just notched a significant win with President 's latest executive order.

Trump on Wednesday, Aug. 13, signed an that eases many federal regulatory restrictions on commercial spaceflight companies in the U.S.

Though SpaceX is not mentioned by name in the order, perhaps stands to gain the most from the move because it holds many lucrative government contracts and maintains the most active launch c

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