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SpaceX Wins $4 Billion Contract for US Golden Dome Satellites | Bloomberg Businessweek
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June 1, 2026
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35:24Now PlayingThe people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube().
SpaceX has won a contract for more than $4 billion to build satellites to track foreign aircraft and missiles as part of President Donald Trump’s Golden Dome defensive shield.
The space-based tracking network integrates space sensors, communication systems and AI-enabled ground processing to look and alert for airborne threats from orbit, according to a US Space Force statement Friday. The US had been using ground-based sensors and military aircraft to monitor the skies, but placing detection capabilities in space could eliminate potential blind spots, the Space Force said.
The $4.16 billion award underscores SpaceX’s deepening ties to the Pentagon and its close involvement with Golden Dome, which is intended to protect the US from attacks through layered defense systems ranging from Earth to space. SpaceX is already under contract to develop prototypes of space-based interceptors for the project and is part of a multi-company software consortium building the operating layer underpinning Golden Dome, Bloomberg has reported.
On this episode, guest host Christina Ruffini and Tim Stenovec speak with:
Sana Pashankar, Bloomberg Space Reporter
Zack Gharib, President, Red Roof on expansion into Canada, consumer trends and travel behavior
Woo Jin Ho, Bloomberg Intelligence Senior Hardware and Networking Analyst on On Dell Soars Most in Two Years on Outlook Fueled by AI Servers
Dr. Amesh Adalja, Johns Hopkins Center for Health Security Bloomberg School of Public Health Senior Scholar on Ebola latest/health news roundup
Deborah Harpur, Founder and CEO, FanClub AI on FanClub AI, a new venture building rights infrastructure for the generative AI era
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Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
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