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

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

SpaceX is headed toward what’s expected to be the largest IPO ever next month, and now it has received a major boost from the Trump administration.

On Friday, 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.”

Originally reported by TechCrunch. Read the full story at the original source.