SpaceX Wins $1.6B Space Force Launch Deal Amid Stock-Price Uncertainty
The U.S. Space Force awarded SpaceX a $1.6 billion contract for 18 Falcon 9 launches to be completed by end of 2027 (about $89 million per launch). SpaceX stock rose briefly on the news but faced selling pressure and traded below its IPO price as investors weigh valuation and near-term earnings risk.