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SpaceX lands $6.45B in U.S. Space Force contracts ahead of record IPO

Market News
29 May 2026
TechCrunch
View Source
Bullish
SpaceX lands $6.45B in U.S. Space Force contracts ahead of record IPO

SpaceX has secured $6.45 billion in contracts from the U.S. Space Force to build satellites for missile and air defense systems and a low-Earth orbit communications network. These contracts highlight SpaceX's significant reliance on government business, which accounted for 20% of its 2025 revenue. The deals come just before SpaceX's anticipated record-breaking IPO, underscoring its dominant position in the space launch market and close ties with the Trump administration. However, SpaceX warns that government policy changes could impact its business going forward.

More News

Congress votes to release sexual misconduct settlement records amid major Trump admin updates on fraud, energy, and jobs.

Congress votes to release sexual misconduct settlement records amid major Trump admin updates on fraud, energy, and jobs.

In the 91st week of President Trump's second term, Congress voted unanimously (420-0) to publicly release taxpayer-funded sexual misconduct settlement records. The Trump administration also reported significant actions including dismantling millions ...

Market News
Bearish
28 minutes ago
Bitcoin's bull market driven by bank custody, credit growth, and tokenization, says Michael Saylor.

Bitcoin's bull market driven by bank custody, credit growth, and tokenization, says Michael Saylor.

Bitcoin has entered a bull market after rebounding from its 200-week moving average, with key growth drivers including expanding bank custody, credit creation, and securities tokenization, according to Michael Saylor. He highlights that bank adoption...

Market News
Bullish
4 hours ago
Pump.fun launches Perps feature for Solana derivatives trading with fees and US/Canada restrictions

Pump.fun launches Perps feature for Solana derivatives trading with fees and US/Canada restrictions

Pump.fun has introduced a Perps feature that routes user orders to Hyperliquid for trading Solana-based perpetual futures. The platform charges a builder fee up to 0.10% on order notional values and a bridge fee up to 0.25% for asset transfers, with ...

Market News
Neutral
4 hours ago
Aster's Stage 6 token claim window opens Oct 28, impacting supply and market dynamics.

Aster's Stage 6 token claim window opens Oct 28, impacting supply and market dynamics.

Aster's Stage 6 allocation claim window opens on October 28, 2026, at 12:00 UTC and closes on November 28, 2026, at 12:00 UTC. This event allows eligible holders to claim fully vested tokens, potentially increasing market supply. Currently, Aster tra...

Protocol Fundamentals
Neutral
4 hours ago
Binance's Ether market shows $8.5M more sell orders on perpetual, but spot markets favor buyers.

Binance's Ether market shows $8.5M more sell orders on perpetual, but spot markets favor buyers.

Ether (ETH) on Binance's perpetual market currently has $8.52 million more sell orders than buy orders, priced at $2,402.15. However, spot markets on Binance and Coinbase show stronger buy-side interest, though with smaller volumes than the perpetual...

Technical Signals
Neutral
5 hours ago
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