In a regulatory filing with the Securities and Exchange Commission issued Wednesday, it was announced that Isaacman would resign as CEO and accept the appointment as executive chairman.

The fallen NASA administrator nominee was clearly not a fan of the agency's plan to return astronauts to the Moon.

Billionaire entrepreneur Jared Isaacman, President Donald Trump’s former nominee for NASA administrator, said Wednesday the reason for his pulled nomination may have been made over his ties to Elon Musk,