Elon Musk’s SpaceX is set to receive $2B under President Trump’s Golden Dome project, with the goal of developing satellites that can track missiles and aircraft, Drew FitzGerald and Micah Maidenberg of The Wall Street Journal reports, citing people familiar with the matter. Additionally, SpaceX is expected to also play a major role in two other Pentagon satellite networks, one related to relaying sensitive military communications and the other involving satellites capable of tracking ground vehicles, the sources added.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSLA:
- TSLA Stock Bummer! Tesla Recalls over 6,000 Cybertrucks for Light Bar Glitch
- SPY ETF Daily Update, 10/30/2025
- Why Tesla’s (TSLA) Lowered Robotaxi Expectations Are Still Hard to Achieve
- Why This Massive Pension Fund Is Voting Against Musk’s $1T Tesla (TSLA) Pay Package
- Midday Fly By: Big Tech reports, Novo tops Pfizer bid for Metsera
