SpaceX Secures $4.16B Airborne Contract as IPO Targets $1.8T Valuation Floor
U.S. Space Force awarded SpaceX a $4.16 billion contract for a space-based airborne moving target indicator program, enhancing its federal revenue backlog. SpaceX also filed an IPO prospectus targeting a $1.8 trillion valuation floor and planning to raise $75 billion in the largest proposed public offering ever.
1. Government Contract Award
The U.S. Space Force has granted SpaceX a $4.16 billion deal to develop and deploy a space-based airborne moving target indicator system. This multi-year contract secures a significant federal revenue stream and cements SpaceX’s role in advanced defense programs.
2. IPO Prospectus Details
SpaceX’s newly filed IPO prospectus outlines a $1.8 trillion valuation floor and plans to raise $75 billion in the offering. If completed as structured, it would be the largest public equity raise in history, providing substantial capital for growth initiatives.
3. Implications for PSPAC Shareholders
PSPAC investors stand to gain exposure to SpaceX’s expanded revenue backlog and the unprecedented scale of its capital raise. The government contract reduces execution risk, while the IPO terms underscore potential upside for early SPAC participants.
