SpaceX awarded $6.45B in Space Force contracts ahead of IPO

SpaceX has been awarded $6.45B in Space Force contracts ahead of its planned IPO. In its filing, the company disclosed that government contracts already accounted for about one-fifth of its 2025 revenue.

The disclosure underscores how central defense and civil government work remains to SpaceX’s growth story, even as it pitches investors on commercial space markets. The contract wins could strengthen IPO demand, but they also highlight potential policy and budget risk tied to federal spending priorities.

SpaceX already generated one-fifth of its 2025 revenue from government contracts, the company revealed in its IPO filing.