SpaceX secures $6.45B in Space Force contracts ahead of upcoming IPO
By
Sean O'Kane
Toasted just enough. A reliable bake, gently seasoned.
Summary
SpaceX has been awarded a total of $6.45 billion in U.S. Space Force contracts ahead of its anticipated IPO next month. The larger contract ($4.16 billion) is for building satellites for a missile and air defense system called "Golden Dome," while a separate $2.29 billion contract involves building a low Earth orbit communications network. SpaceX's IPO filing revealed that government contracts already account for one-fifth of its 2025 revenue.
Key quotes
· 3 pulledSpaceX is headed toward what's expected to be the largest IPO ever next month
The U.S. Space Force announced it's giving SpaceX $4.16 billion as part of a contract to build satellites that will be part of a missile and air defense system that President Trump is calling the 'Golden Dome'
SpaceX already generated one-fifth of its 2025 revenue from government contracts, the company revealed in its IPO filing
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