00:00It's Benzinga bringing Wall Street to Main Street.
00:02SpaceX is facing renewed scrutiny over its environmental impact following the FAA's approval
00:06to expand launches at its Starbase facility, according to CNBC.
00:10SpaceX was previously limited to five Starship launches annually from its Texas Gulf Coast site.
00:15Musk has played a key role in Trump's second administration,
00:18pushing to reduce the size of the federal government and its regulatory oversight.
00:22The FAA said its Tuesday decision was only part of the launch licensing process,
00:25with additional reviews still underway on safety, policy, and environmental impacts.
00:30Environmental groups criticized the agency's decision,
00:32citing damage to wildlife habitats from earlier Starship tests.
00:36The FAA's latest decision filed SpaceX's successful bid to incorporate Starbase as a city.
00:41For all things money, visit Benzinga.com slash GSTV.
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