
SpaceX's strong government contracts reshape competition with legacy defense giants in space sector.
SpaceX's S-1 filing reveals that about 20% of its 2025 revenue came from U.S. federal agencies, making it a major player in government space contracts. With $4.69 billion revenue and $1.13 billion Adjusted EBITDA in Q1 2026, SpaceX's fixed-price laun...


