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(Image credit: Shutterstock) SpaceX is expected to receive $2 billion for President Donald Trump’s Golden Dome project, which sources say will include up to 600 satellites as part of an “air moving target indicator” system. According to the Wall Street Journal , this would represent another satellite project the Elon Musk-led company would have with the Pentagon, alongside a military communications network called Milnet, which uses SpaceX’s classified Starshield satellites and terminals, and a ground-tracking satellite system. The Pentagon and SpaceX did not comment on the news, especially as no official announcement has been made. However, funding for this project has already been approved as part of the “One Big Beautiful Bill” that Trump signed in July 2025, although it hasn’t yet been linked to a specific defense contractor.
Golden Dome is an advanced missile shield that will use a sophisticated system of satellites, interceptors, command and control, and other related infrastructure. It’s expected to cost at least $175 billion, with some experts projecting total expenditures to be much higher. So, the $2 billion deal that SpaceX is set to receive would just be one giant drop in the even bigger bucket of the Department of Defense. We should also note that SpaceX likely won’t be the only company working on this project, as other startups and defense firms have pitched their products and services.
Some of these companies include new names such as Anduril Industries and Palantir Technologies, as well as giants such as Lockheed Martin, Northrop Grumman, and L3Harris. “What we’re relying on is industry to help us innovate by showing us the art of the possible—bringing ideas to us,” said U.S. Space Force Chief of Space Operations Gen. Chance Saltzman during an industry event in 2024.
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Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/tech-industry/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/elon-musks-spacex-will-reportedly-receive-usd2-billion-for-trumps-golden-dome-project-system-to-include-up-to-600-satellites-to-track-fast-moving-airborne-targets#main
- https://www.tomshardware.com
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Informational only. No financial advice. Do your own research.