US Space Force Awards SpaceX $4.16 Billion Contract for Airborne Target Tracking

The U.S. Space Force awarded SpaceX a $4.16 billion contract on May 29, 2026, to develop a space-based airborne moving target indicator program. The system is designed to detect and track moving airborne threats from orbit, enhancing global military surveillance. The deal expands Elon Musk’s private aerospace company further into classified defense work, beyond its core satellite launch services. Financial details beyond the total contract value were not disclosed. SpaceX has yet to issue a statement on the award.