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Trump to boost NASA budget to conquer outer space
20-05-2019 17:17
Trump to boost NASA budget to conquer outer space
Trump to boost NASA budget to conquer outer space

While Russia is not so successful in its attempt to go into space, the United States, on the contrary, is preparing for the exploration of the Moon and Mars. So, American President Donald Trump decided to boost the NASA budget and provide additional funds of $1.6 billion for the projects on Lunar and Mars exploration.

The US leader has been always interested in large-scale projects, particularly in NASA's plans to land humans on the surface of the Moon and Mars. That is why he spares no means or effort to carry out the mission. “I am updating my budget to include an additional $1.6 billion so that we can return to Space,” Trump said. Previously, these words might be considered as a challenge and the beginning of a new space race. However, given the current situation, the race may include only one participant who has already surpassed the rest. This participant is Elon Musk. But this is the rivalry within one country rather than on the global stage.

Presently, nobody is ready to take up the challenge of Lunar and Mars exploration. In addition, the head of the White House shared his ambitious plans via Twitter saying that under his administration, they were restoring NASA to greatness, and the United States were going back at first to the Moon, and then to Mars. Remarkably, NASA received a $21.5 billion budget for the fiscal year 2019, while the budget of the Russian space agency Roscosmos was slightly above $2 billion. Unluckily for Russia, it is not enough to participate in the race to the Moon and Mars.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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