SpaceX, expected to launch the largest IPO in history next month, has received massive financial support from the Donald Trump administration. On Friday, the US Space Force announced a $4.16 billion contract with SpaceX. These funds will be directed toward building satellites for a missile and air defense system dubbed “Golden Dome” by President Trump, reports Techcrunch.com reports .
This agreement follows another $2.29 billion contract secured by Elon Musk's company earlier this week. Under this project, SpaceX is set to build a specialized communication network in low Earth orbit. These consecutive contracts further underscore the company's reliance on government orders.
According to IPO documents released last week, a significant portion of SpaceX's revenue comes from the government. Specifically, in 2025, one-fifth of the company's total revenue was provided by government agencies. Although Elon Musk spent approximately $300 million on Trump's election campaign, analysts note that SpaceX has held absolute leadership in the space launch market over the last decade.
Nevertheless, the company has warned its investors of potential risks. As noted in the IPO filing, SpaceX's cooperation with government entities remains directly dependent on political changes, new priorities, regulatory rules, and fluctuations in funding levels.
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