President Trump proposes $ 1 billion for Mars exploration of the private sector: report

President Trump proposes $ 1 billion for Mars exploration of the private sector: report

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In a boost to Tesla Inc. And Spacex CEO Elon Musk’s Mars -ambitions, President Donald Trump Try to involve private companies in Mars exploration.

What happened: The budget proposal of the White House 2026, unveiled on Friday, includes more than $ 1 billion for Mars initiatives, according to a report Through Bloomberg.

The budget outlines the establishment of NASA’s Commercial Mars Payload Services Program (CMPS), which would grant contracts to companies that work on space suits, communication systems and a landing vehicle assessed by humans.

This initiative is part of a proposed NASA budget of $ 18.8 billion, which represents a reduction of 25% compared to the previous year, which significantly influences the science portfolio of the agency.

The proposal builds on an earlier budget schedule and is modeled on NASA’s Commercial Lunar Payload Services Program, which has seen mixed success. SpaceX, led by Musk, is already developing a version of his Starship Rocket for Moon Missions under NASA’s Artemis program.

See also: How two entrepreneurs earned $ 200 million by selling mayonnaise for $ 10 per pot

Jared IsaacmanThe nominee of Trump for NASA manager indicated that the agency could follow moon and Martian missions at the same time. However, the proposed cuts on NASA’s science budget are criticized on the basis of figures of space and the legislators, including former Republican Congressmen Newt Gingrich And Bob Walker.

Why it matters: The proposed budget shift to Mars exploration comes in the midst of important changes at NASA. Earlier this month it was reported that NASA is preparing for a budget reduction of $ 6 billion.

In the meantime, the recent Starship -Test flight from SpaceX was confronted with setbacks, which emphasizes the challenges in achieving Musk’s ambitious timeline for Mars missions. Musk has previously suggested that human landings on Mars could start in 2029, although some experts, such as former NASA astronaut José Hernández, believe that such a journey is still gone for 15 years.

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Indemnification: This content was partially produced with the help of AI tools and was assessed and published by Benzinga Editors.

Photo with thanks to: Joey Sussman / Shutterstock.com

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