Elon Musk’s SpaceX won a Sh 16.1 billion contract to build missile-tracking satellites for the Pentagon, the U.S. Space Development Agency (SDA) said on Monday, in the company’s first government contract to build satellites.
SpaceX, known for its reusable rockets and astronaut capsules, is ramping up satellite production for Starlink, a growing constellation of hundreds of internet-beaming satellites that chief executive Elon Musk hopes will generate enough revenue to help fund SpaceX’s interplanetary goals.