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Tristan Greene
Dec 04, 2024


TRUMP TAPS BILLIONAIRE FINTECH CEO WITH SPACEX TIES TO HEAD NASA

Jared Isaacman comes with deep fintech experience and a working relationship
with Elon Musk and SpaceX.

3148 Total views
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United States President-elect Donald Trump announced on Dec. 4 that Jared
Isaacman — a billionaire fintech CEO, ace pilot, and the first person to bet on
sports from outside the Earth’s atmosphere — would become the next commissioner
of NASA, pending congressional approval. 

If appointed, Isaacman would become the 15th person to hold the top spot at
NASA, following incumbent Bill Nelson, a long-time Florida Democrat. 

Isaacman currently serves as the CEO of Shift4, a payments facilitation and
financial technology company boasting more than $260 billion processed annually
and more than 200,000 clients. He’s also known for his deep ties to fellow
technology mogul Elon Musk and commercial NASA partner SpaceX.

In 2021, Isaacson helped finance and was crew chief of the Inspiration4 mission,
a private spaceflight using SpaceX’s Crew Dragon Resilience. He returned to
space in September 2024 as commander of the Polaris Dawn mission where he became
the first private citizen to perform a “spacewalk.”


NASA COMMISSIONER

Before his experience in space, Isaacman was a certified pilot on numerous
civilian and military aircraft including jets. He also served as a member of an
aeronautical stunt team, flying jet aircraft in trick formations. 

In the business world, Isaacman has a background in fintech and, as Trump
referenced in his announcement on Truth Social, he co-founded and served as CEO
of Draken International, a defense aerospace company and US Department of
Defense contractor. 

President-elect Donald Trump announces Isaacman’s pending appointment on Truth
Social. Source: Donald Trump

> “I am delighted to nominate Jared Isaacman, an accomplished business leader,
> philanthropist, pilot, and astronaut, as Administrator of the National
> Aeronautics and Space Administration (NASA). Jared will drive NASA’s mission
> of discovery and inspiration, paving the way for groundbreaking achievements
> in Space science, technology, and exploration.”

Isaacman’s nomination comes amid a flurry of movement from the Trump transition
team ahead of the president-elect retaking the White House in January. Alongside
Isaacson’s presumptive appointment as the head of NASA, Trump also announced
that he would seek to replace Securities and Exchange Commission head Gary
Gensler with former SEC commissioner Paul Atkins, a pro-crypto nominee. 

Related: SEC Chair Gary Gensler to step down

Trump also chose University of Maryland finance professor Michael Faulkender as
deputy secretary of the Treasury and has supposedly signaled his intent to float
Florida Governor Ron Desantis as a replacement for Pete Hegseth who, until Dec.
4, was the presumptive nominee for secretary of defense. 

Magazine: Comeback 2025: Is Ethereum poised to catch up with Bitcoin and Solana?

Explore more articles like this

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Arm yourself with the latest on crypto laws and guidelines to make smart choices
for your crypto ventures. Delivered every Monday


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 * #Science
 * #Business
 * #Technology
 * #Fintech
 * #United States
 * #NASA
 * #Space
 * #Donald Trump
 * #Goverment
 * #Elon Musk
 * #Regulation


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