30-May-2026
Corporate News
 
SpaceX Wins $4.16 Billion US Space Force Contract for Threat-Detection Satellites
30-May-2026

The U.S. Space Force said on Friday it has awarded Elon Musk's IPO-bound SpaceX a $4.16 billion deal for a satellite program designed to track and target airborne threats. The Space-Based Advanced Moving Target Indicator (SB-AMTI) is designed as an interconnected system-of-systems, combining space-based sensors, secure communications links and ground processing to drive closer cooperation across the government space industrial base.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-29/us-space-force-awards-spacex-4-16-billion-deal