President Trump reportedly wants to monetize space

President Trump.
(Image credit: Getty Images)

The Trump administration is reportedly considering a massive push for the U.S. space program, including a return to the moon and the "large-scale economic development of space," Politico reports. "A good part of the Trump administration would like a lot more aggressive, risk-taking, competitive entrepreneurial approach to space," explained former Speaker of the House Newt Gingrich. "A smaller but still powerful faction represents Boeing and the expensive old contractors who have soaked up money with minimum results."

The administration is torn between "old space" like NASA, which is supported by Trump's confidant, Peter Thiel, and "new space," including private groups like Elon Musk's SpaceX and Jeff Bezos' Blue Origin. "It is a big fight," said former Pennsylvania Republican Rep. Robert Walker, who is involved in the deliberations. "There are billions of dollars at stake. It has come to a head now when it has become clear to the space community that the real innovative work is being done outside of NASA."

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Jeva Lange

Jeva Lange was the executive editor at TheWeek.com. She formerly served as The Week's deputy editor and culture critic. She is also a contributor to Screen Slate, and her writing has appeared in The New York Daily News, The Awl, Vice, and Gothamist, among other publications. Jeva lives in New York City. Follow her on Twitter.