SpaceX Set To Win $2 Billion Pentagon Satellite Deal

According to the Wall Street Journal, SpaceX is reportedly poised to secure a $2 billion Pentagon contract to develop hundreds of missile-tracking satellites for President Trump's ambitious Golden Dome defense system. The Independent reports: The planned 'air moving target indicator' system in question could ultimately feature as many as 600 satellites once it is fully operational, The Wall Street Journal reports. Musk's company has also been linked to two more satellite ventures, which are concerned with relaying sensitive communications and tracing vehicles, respectively.

Golden Dome, inspired by Israel's 'Iron Dome,' was announced by Trump and Secretary of War Pete Hegseth at the White House in May and will amount to a complex system of satellites and weaponry capable of destroying incoming missiles before they hit American targets. The president promised it would be 'fully operational' before he leaves office in January 2029, capable of intercepting rockets, 'even if they are launched from space,' with an overall price tag of $175 billion.

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