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-1.16%
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EUR55.62
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SpaceX Wins $2.29 Billion Military Satellite Network Contract for U.S. Space Force

Elon Musk's SpaceX has secured a $2.29 billion contract to build a high-speed, secure military satellite communication network for the U.S. Space Force.

Scraper SystemJune 10, 2026, 05:37 PM

SpaceX Wins $2.29 Billion Military Satellite Network Contract for U.S. Space Force

SpaceX, founded by Elon Musk, has won a $2.29 billion contract from the U.S. Space Force to establish a military space data network. Under this project, SpaceX will build a private and secure satellite communication network for the Pentagon. This satellite constellation is designed to provide high-speed and secure data transmission for military operations. Although official details and updates on the project's progress remain limited, this development signals a significant expansion of SpaceX's activities in the defense sector.