Texas Agency Lures Companies With Grant Money: Business of Space

Aug. 6, 2025, 2:13 PM UTC

Howdy Earthlings, it’s Loren Grush in Austin. The saying goes that everything’s bigger in Texas, and that’s starting to include grant funding for space companies. But first ...

Three things you need to know today:

• NASA head Sean Duffy issued his first directives.
• SpaceX launches crew after NASA, Russia space chief meeting.
Crypto mogul flies to space with Blue Origin.

All my SpaceXes live in Texas

President Donald Trump’s proposed budget calls for cutting $163 billion in discretionary federal spending across the government, from foreign aid to scientific research. And NASA is also in the crosshairs. ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.