<div id="readability-page-1">The U.S. Space Force has awarded Elon Musk's SpaceX a $4.16 billion contract for space-based satellites ahead of the company's upcoming initial public offering (IPO).<h3>Memorial Day Sale – Claim 70% Off TipRanks</h3><ul><li>Unlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis. </li><li>Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter </li></ul> Specifically, the contract is for the Space-Based Airborne Moving Target Indicator program, which is designed to track airborne threats to the U.S. from space. Going forward, SpaceX will provide global tracking capabilities to U.S. military forces. Government officials in Washington, D.C. say the program addresses challenges faced by the U.S. military as adversaries develop increasingly sophisticated missiles and airborne attack systems, many of which can bypass traditional detection systems. &#34;By focusing these capabilities to the space domain, we are providing the Joint Force with sustained battlespace awareness of contested airspace,&#34; said Col. Ryan Frazier, acting Space Force portfolio acquisition executive for SBST. The SB-AMTI system integrates space-based sensors, communication links, and ground processing. The Space Force is using a hybrid acquisition model combining an OTA agreement with an Indefinite Delivery/Indefinite Quantity structure. The Space Force has established a multi-vendor framework for the program. SpaceX and other companies were selected for the vendor pool through competitive OTAs announced by Secretary of the Air Force Troy Meink at Space Symposium in April. The initial award is projected to deploy a satellite constellation by 2028. The Space Force plans to issue additional awards in the coming year to expand the program's capacity. Space Systems Command manages a $15.6 billion annual space acquisition budget for the Department of War.</div>

SpaceX is accelerating its Nasdaq IPO, targeting a 12 June 2026 listing. Reported raise: USD 80 billion+ at a USD 1.75 trillion valuation. If it lands, the largest IPO in history. Comes with a 5-for-1 stock split to lower the entry price, Musk's no-sell pledge, and proceeds earmarked for Starship V3 and orbital data centers. xAI's financials will surface in the prospectus for the first time.&nbsp;Wall Street says market liquidity is enough to absorb this AI + hardcore-tech "super asset." At USD 1.75T, the story is fully priced in already. Day-1 moonshot, or first-day fade?

SpaceX is accelerating its Nasdaq IPO, targeting a 12 June 2026 listing. Reported raise: USD 80 billion+ at a USD 1.75 trillion valuation. If it lands, the largest IPO in history. Comes with a 5-for-1 stock split to lower the entry price, Musk's no-sell pledge, and proceeds earmarked for Starship V3 and orbital data centers. xAI's financials will surface in the prospectus for the first time.&nbsp;Wall Street says market liquidity is enough to absorb this AI + hardcore-tech "super asset." At USD 1.75T, the story is fully priced in already. Day-1 moonshot, or first-day fade?

USD 2T! SpaceX Prospectus Drops, IPO Locked for June 12

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SpaceX has secured a $4.16 billion contract from the U.S. Space Force for the Space-Based Airborne Moving Target Indicator (SB-AMTI) program, aimed at tracking airborne threats via space-based satellites. This major government deal comes ahead of SpaceX's anticipated initial public offering (IPO). The contract involves providing global tracking capabilities to U.S. military forces, with an initial satellite constellation deployment projected by 2028.

SpaceX Secures $4.16 Billion Space Force Contract Ahead of IPO