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SpaceX lands $6.45B in Space Force deals ahead of record IPO

SpaceX lands $6.45B in Space Force deals ahead of record IPO
Photo by SpaceX / Unsplash

SpaceX has secured two major US Space Force contracts totaling $6.45 billion just weeks before its highly anticipated IPO, expected to be the largest in history. The deals include $4.16 billion for satellites supporting President Trump’s new Golden Dome defense system and $2.29 billion for a low Earth orbit communications network. The awards highlight SpaceX’s deep reliance on government funding, with 20 percent of its 2025 revenue coming from federal agencies. Despite strong ties to the administration, SpaceX warns investors that shifting political priorities could impact future government business.

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