Jared Isaacman, a billionaire entrepreneur, has outlined his priorities for NASA on his inaugural day as the agency’s new leader.

Sworn in as NASA’s 15th administrator on Thursday, Isaacman was officially appointed the same day President Donald Trump endorsed an executive order instructing NASA to return astronauts to the Moon by 2028, initiate the development of a permanent lunar outpost by 2030, and establish a framework for future exploration of Mars.

This order is expected to offer Isaacman and NASA a strategic roadmap.

“In the next three years, we will once again land American astronauts on the Moon, but this time we aim to create the necessary infrastructure for their extended stay,” Isaacman stated in an interview with NBC News following his swearing-in.

He assumes this role during a pivotal moment for NASA, as the Trump administration urges the agency to land astronauts on the Moon before any Chinese astronauts arrive there.

“A new space race is upon us,” Isaacman remarked.

The next stage of NASA’s Moon return initiative, known as Artemis, could kick off as soon as February. The Artemis II mission will send four astronauts on a 10-day lunar orbit to test the Space Launch System rocket and Orion spacecraft.

The following Artemis III mission is anticipated to have astronauts land close to the lunar south pole.

Under Isaacman’s leadership, NASA is anticipated to pursue increased commercialization. SpaceX and Blue Origin will be crucial to the agency’s lunar return efforts, and Isaacman indicated that additional private space firms will back the agency’s aspirations for the Moon.

President Trump’s space policy executive order advocates for the creation of a “dynamic commercial space economy driven by American free enterprise” and details plans to reduce the International Space Station while establishing a commercial space station by 2030.

Additionally, the order emphasizes nuclear power in space. Following direction from Transportation Secretary Sean Duffy, who served as NASA’s acting administrator before Isaacman’s confirmation, the initiative aims to develop a nuclear reactor ready for launch to the Moon by 2030.

Isaacman highlighted the importance of nuclear power for explorations beyond the Moon, particularly for future Mars missions.

However, one significant challenge he will encounter as administrator is translating the White House’s vision into action with a constrained budget.

Current funding for the U.S. government is set to last until January 30; afterward, NASA may face substantial budget reductions, especially for science operations.

Despite these immediate hurdles, Isaacman remains optimistic about the agency’s capacity to align with the administration’s goals.

“Whether it’s $25 billion or $20 billion, it’s a significant sum that the agency receives every year,” he remarked. “We possess exceptional talent to tackle numerous challenging, nearly impossible tasks simultaneously.”

“This is an opportunity for the president’s space policy to revisit the Moon, establish infrastructure there, and invest in future technologies like nuclear power in anticipation of Mars missions,” Isaacman stated. “With the resources at hand and the president’s dedication to space policy in the White House, I’m confident we can achieve our objectives.”