By May, that uncertainty turned to dread as the administration released its proposed budget for fiscal year 2026, one that featured steep cuts at NASA and other science agencies. That’s where Casey Dreier of The Planetary Society stepped in.

Billionaire space tourist inherits troubled agency facing budget chaos, workforce cuts, and a Moon race against China NASA has a new administrator. Billionaire and space tourist Jared Isaacman was confirmed by the US Senate by a vote of 67 to 30.

Billionaire Jared Isaacman is taking the reins at NASA at a challenging time for the space agency, as it faces budget cuts and technical hurdles that could scuttle its most ambitious missions

The head of NASA’s astrophysics division offered an upbeat assessment of upcoming missions, a stark contrast to the agency’s budget proposal six months ago.

Earlier this year, the Trump administration revealed its proposed budget for NASA’s fiscal year 2026, indicating brutal cuts of unprecedented proportions are coming. The cuts — which would drag the budget to its lowest point since 1961, SpaceNews ...

Jared Isaacman, a pilot and financial tech billionaire, has commanded two groundbreaking spaceflights, including leading the first private spacewalk. But his most remarkable flying has occurred over the last year. And on Wednesday, he stuck the landing by earning formal Senate approval to become NASA’s 15th administrator.

ESA will have 3.787 billion Euros ($4.39 billion) for its science project in the coming budgetary period, up 600 million Euros ($696 million) compared to the 2022 budget. The member states also pledged an additional 328 million Euros ($380 million) to ESA's PRODEX program, which develops innovative science experiments and technologies.

I am not a scientist and I never worked at NASA. I do not think these are weaknesses. In fact, I believe President Trump found them to be strengths,” Isaacman said.