# The U.S. Space Force announced it's giving SpaceX $4.16 billion.

*aerospace · news · 2026-05-29 · TechCrunch*

## Key points

- SpaceX received a $4.16 billion contract from the U.S. Space Force for Golden Dome satellites.
- SpaceX also secured a $2.29 billion contract to build a low-Earth orbit communications network.
- SpaceX's IPO filing revealed one fifth of its 2025 revenue came from government agencies.
- These contracts mark a significant financial boost for SpaceX before its anticipated record-setting IPO.

SpaceX is headed toward what’s expected to be the largest IPO ever next month, and now it has received a major boost from the Trump administration. On Friday, the U.S. Space Force announced it’s giving SpaceX $4.16 billion as part of a contract to build satellites that will be part of a missile and air defense system that President Trump is calling the “Golden Dome.” The announcement follows a separate contract the Space Force awarded to Elon Musk’s company earlier this week worth $2.29 billion. That contract involves SpaceX building a communications network in low-Earth orbit. The contracts reinforce a disclosure that was detailed in SpaceX’s IPO filing made public last week: the company is heavily dependent on government contracts. One fifth of SpaceX’s revenue in 2025 came from government agencies.

**Companies:** SpaceX
**Countries:** United States

[Read the full story on TechCrunch](https://techcrunch.com/2026/05/29/spacex-awarded-6-45b-in-space-force-contracts-ahead-of-ipo/)

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