SpaceX Wins a $70 Million Space Force Contract. What Does This Mean for the Starlink IPO?
Less than one year ago, SpaceX announced that its Starlink satellite communications network was available for military use. And nine months after Elon Musk began advertising a secured satellite network for government entities, the U.S. Space Force has awarded SpaceX its first Starshield contract, which could be worth anywhere from $15 million to $70 million over the course of a year.
The contract encompasses access to the Starlink network and provision of user terminals, ancillary equipment, network management, and other related services, according to the Space Force.
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Source Fool.com