Crazyy8 I don't see anything wrong with this. Paying a company that has a lot of experience with satellites and rockets to send up satellites in rockets is normal, if only a bit nepotistic considering Elon and Trump's relationship. Likely*, it won't only be SpaceX being contracted. Reply
hotaru251 Crazyy8 said: It is also not only SpaceX being contracted. atm it is only them. per the post "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." others pitching means they arent accepted at current time. It is entirely possible (though unlikely) that it all goes to SpaceX due to the obvious conflict of interests of those involved. Also "golden dome" is actually an awful name for a defense system… Gold is not strong at all. Reply
Notton Tbh, I don't want anything golden above my head from either of those two. As for why or how this was approved… Remember DOGE? Yeah, that gutted the DOT&E, the entity in charge of overseeing such projects. One thing I don't understand is how they can ink a deal without congressional approval. The government is still closed as of Oct. 31, 2025, right? Reply
JTWrenn I question if this went to proper channels for best ROI on the sat side. I'm sure SpaceX would win on cost to launch though so don't have issues there. Just corner cutting on how it went down. Corruption and favoritism are generally bad Reply
Zaranthos SpaceX continues to set records over and over again. Their ability to re-use multi stage rockets, launch ever increasingly sized payloads, and put NASA to shame considering the amounts of taxpayer dollars NASA has gobbled up over my lifetime probably means they've earned whatever contracts they get. Whine about politics if you must but SpaceX has accomplished more than the two largest superpowers combined when it comes to rocket technology at least in regards to sending things into orbit and back again while recycling very expensive launch materials. Reply
derekullo Getting harder to distinguish what's the plot for an upcoming James Bond movie and what's real! Quantum of Surveillance The Musk Directive Specter of the Golden Dome Reply
usertests Notton said: Tbh, I don't want anything golden above my head from either of those two. SpaceX launches satellites for NRO, Air/Space Force, etc. frequently. They have already launched 183 "Starshield" satellites, basically an airgapped variant of Starlink with additional capabilities. These Golden Dome sats sound similar, except focused on imagery. Reply
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.