The FAA seems to be relatively OK with the current annual fatality rate for light-sport aircraft, homebuilt experimental licensed aircraft, and light aircraft in the size range of the Cessna 172. For pilots with less than 1000 hours, flying a light single engine aircraft is a relatively dangerous activity on a per-hour basis.
If human spaceflight had the same number of annual fatalities as the current number deaths in the US 48 states while flying homebuilt/kit/light sport aircraft, both NASA and the news media would be freaking out.
NASA is requiring spacex to put the Falcon9 and Dragon2 through a very expensive and rigorous period of qualification before it can carry humans on commercial launch contracts. The likelihood that there will be a totally catastrophic disaster that the launch escape system can't recover from is low, but the standard of safety (in terms of flight-hours per human per year) seems to be much, much higher than the FAA's.