SPCX Stock; Rebounds as SpaceX Wins $1.6B Space Force Launch Order
TLDR
- SpaceX won a $1.6B U.S. Space Force order for 18 Falcon 9 launches.
- The Falcon 9 missions will carry Pentagon satellites through 2027.
- All 18 launches are planned from Vandenberg Space Force Base.
- SpaceX has received at least $7B in Pentagon contracts this year.
- SPCX stock traded near $114.76 after rising about 1.96% intraday.
SPCX stock moved higher after SpaceX secured a $1.6 billion U.S. Space Force order for 18 Falcon 9 launches through 2027.
SpaceX Wins 18 Falcon 9 Missions
The U.S. Space Force awarded SpaceX two task orders under its main launch procurement program. The missions will carry Pentagon satellites designed to detect and target airborne objects.
All 18 Falcon 9 launches are planned from Vandenberg Space Force Base in California. The missions are scheduled for completion by the end of 2027.
SpaceX competes for launch assignments with United Launch Alliance, Blue Origin, and other U.S. launch providers. The latest award strengthens its position in the military launch market.
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