SpaceX Poised to Profit From Trump’s Golden Dome Fantasy

Elon Musk’s SpaceX is reportedly chomping at the bit to build Trump’s $175 billion “Golden Dome” defense system, designed to protect the U.S. from foreign missiles “even if they are launched from the other side of the world.” Trump and Defense Secretary Pete Hegseth unveiled the first details of the project during an Oval Office briefing on Tuesday, claiming that it can be completed in three years at the cost $175 billion. Both the budget and timeline conflict with a Congressional Budget Office assessment, which estimates that the project could take 20 years and cost $524 billion. This unusually large and complex space shield would consist of a vast network of satellites capable of detecting, tracking, and intercepting incoming missiles, in addition to a smaller fleet of offensive satellites, Reuters reports. The GOP-led budget reconciliation bill, which is progressing to the House for consideration, includes $25 billion to jumpstart the Golden Dome project, according to The Hill. L ... Read full article.