US President Donald Trump on Wednesday tapped Transportation Secretary Sean Duffy to serve as interim head of space agency NASA, weeks after pulling the nomination of a tech billionaire who was an ally of SpaceX boss Elon Musk.

Federal Reserve officials split over when to cut rates, Brazil vows response to 50% tariff, and more news to start your day.

SpaceX is in talks to raise fresh capital and sell insider shares in a deal that could value the company at $400 billion, according to Bloomberg. The $400 billion valuation would make SpaceX the most valuable privately held U.

President Donald Trump's new temporary head of NASA represents a "marked win" for a top MAGA ally — but not SpaceX CEO and former "first buddy" Elon Musk. Trump took to his Truth Social platform Wednesday night to announce that he is directing the "GREAT Secretary of Transportation,

Netizens in China are thoroughly entertained by the public spat between the U.S. president and world's richest man.

Trump’s pick to lead the NOAA, Neil Jacobs, was chief atmospheric scientist for Panasonic Weather Solutions and has been a vocal proponent of privatization. The president’s nominee for another top NOAA post, Taylor Jordan, is a lobbyist with a roster of weather-related clients.

White House chief of staff details Musk’s ‘fatherly fixation’ with Trump and their falling out in new interview - Susie Wiles praises tech boss as ‘fascinating person’ who ‘sees the world differently’

Building a new U.S. political party from scratch is a daunting task, even for the world's richest man. But that is what Elon Musk, the billionaire behind Tesla (TSLA.O) and SpaceX, said he plans to do in the wake of his falling out with President Donald Trump.