SpaceX Awarded $6.45 Billion in Space Force Contracts as It Prepares for IPO
The U.S. Space Force awarded SpaceX two contracts totaling $6.45 billion this week. The deals come as the company prepares for what is expected to be the largest IPO ever next month.
TechCrunchS. 29 billion contract to build a communications network in low-Earth orbit. 45 billion. SpaceX filed for an IPO that was made public last week.
The company is headed toward what is expected to be the largest IPO ever next month. SpaceX generated one-fifth of its 2025 revenue from government contracts, according to the IPO filing. ” Elon Musk poured around $300 million into helping elect Trump.
SpaceX has dominated the launch market over the last decade. TechCrunch reported the contracts and the IPO timeline from its article posted at 3:21 PM PDT on May 29, 2026.
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