Senate bill offers more incentives for private spaceflight

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Politicians are seizing on Crew Dragon fervor to offer more incentives for private spaceflight. A group of US senators including Marco Rubio, Dianne Feinstein and Ted Cruz have put forward the American Space Commerce Act, a bill that would expand perks for companies like SpaceX. It would extend depreciation-related tax deductions by another 10 years to the start of 2033, and would make clear that incentives should go to spacecraft either launched from or “substantially manufactured” in the US.

There’s a House version of the bill (HR 6783). Not surprisingly, the bill has the backing of the companies it’s most likely to affect, including SpaceX, Blue Origin, Boeing and United Launch Alliance.

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