If confirmed, Isaacman would replace Bill Nelson, a former US senator from Florida who oversaw the space agency under the outgoing Biden administration.

Here's Trump's statement on Isaacman's nomination:

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.

Over the past 25 years, as the Founder and CEO of Shift4, Jared has demonstrated exceptional leadership, building a trailblazing global financial technology company. He also co-founded and served as CEO of Draken International, a defense aerospace company, for over a decade, supporting the US Department of Defense, and our Allies.

Jared's passion for Space, astronaut experience, and dedication to pushing the boundaries of exploration, unlocking the mysteries of the universe, and advancing the new Space economy, make him ideally suited to lead NASA into a bold new Era.

Congratulations to Jared, his wife Monica, and their children, Mila and Liv!