SpaceX Secures $6.5 Billion Pentagon Deal as IPO Looms
SpaceX has secured a $6.5 billion Pentagon contract for satellite communications and missile tracking capabilities, strengthening its defense sector positioning ahead of a planned IPO targeting a $75 billion capital raise on a $1.77 trillion valuation. The deal demonstrates sustained government demand for SpaceX's space infrastructure and validates the company's dual commercial-defense business model.
