SpaceX awarded $6.45B in Space Force contracts ahead of IPO

SpaceX is headed toward what’s expected to beryllium the largest IPO ever adjacent month, and present it has received a large boost from the Trump administration.

On Friday, the U.S. Space Force announced it’s giving SpaceX $4.16 cardinal arsenic portion of a declaration to physique satellites that volition beryllium portion of a rocket and aerial defence strategy that President Trump is calling the “Golden Dome.”

The announcement follows a abstracted declaration the Space Force awarded to Elon Musk’s institution earlier this week worthy $2.29 billion. That declaration involves SpaceX gathering a communications web successful low-Earth orbit.

The contracts reenforce a disclosure that was elaborate successful SpaceX’s IPO filing made nationalist past week: the institution is heavy babelike connected authorities contracts. One 5th of SpaceX’s gross successful 2025 came from authorities agencies.

Musk poured astir $300 cardinal into helping elite Trump, and has remained adjacent with the president. But SpaceX has besides dominated the motorboat marketplace implicit the past decade; it’s not astonishing the national authorities keeps turning towards SpaceX for contracts similar these. Still, the institution warned investors successful its IPO filing that its “business with governmental entities is taxable to changes successful policies, priorities, regulations, mandates, and
funding levels.”