techcrunch.com·May 29, 2026
SpaceX has been awarded $6.45 billion in contracts from the U.S. Space Force to build satellites and a communications network, bolstering its revenue ahead of an anticipated IPO. The contracts highlight SpaceX's reliance on government funding, which constituted a significant portion of its revenue in 2025.
SpaceX has secured $6.45 billion in contracts from the U.S. Space Force, highlighting its strong reliance on government contracts, which accounted for one-fifth of its 2025 revenue. This substantial government backing reinforces SpaceX's market dominance and may serve as a significant factor in its upcoming IPO, potentially impacting investment strategies and competitive dynamics in the commercial space sector.