Trump eases commercial rocket launch regulations, benefiting Musk

President Trump signed an executive order Wednesday easing regulations for commercial rocket launches and spaceport development, in a move likely to boost Elon Musk’s SpaceX. 

The order calls for eliminating or expediting environmental reviews for rocket launches and exempting launch vehicles from or rescinding licensing regulations. 

It also seeks to evaluate state and local restrictions on spaceport development, in addition to expediting environmental and administrative reviews...