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NEW YORK, May 30, 2026, 16:02 (EDT) SpaceX has secured a $4.16 billion contract from the U.S. Space Force to build threat-tracking satellites, just days ahead of what could be the space firm’s record-shattering IPO pitch to investors. The award covers the Space-Based Advanced Moving Target Indicator project, a satellite network designed to track and target airborne threats from orbit. (Reuters) Timing is key here. On May 29, Bloomberg News said SpaceX has reset its valuation sights to a minimum of $1.8 trillion—down from the earlier $2 trillion-plus target—as advisers and investors work through demand before setting a price. (Bloomberg

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