Elon Musk’s SpaceX Set to Win $2 Billion Pentagon Satellite Deal

November 7, 2025

The Wall Street Journal

SpaceX is set to receive $2 billion to develop satellites that can track missiles and aircraft under President Trump’s Golden Dome project, people familiar with the matter said.

The funding was included in the tax-and-spending bill that Trump signed in July, but wasn’t publicly linked to a contractor. The planned “air moving target indicator” system could eventually field as many as 600 satellites, some of the people said.

The Elon Musk-led company is expected to play a major role in two other Pentagon satellite networks, according to people familiar with the situation. One, called Milnet, would relay sensitive military communications, while the other involves satellites capable of tracking vehicles on the ground, the people said.

The traction that SpaceX has gained with the coming satellite fleets is another sign of the company’s growing influence in U.S. national security.

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Curtis Stiles - Chief of Staff