Elon Musk's SpaceX Could Make Billions If Trump's Budget Proposal Is Approved
Briefly

President Trump’s 2026 budget proposal greatly favors SpaceX, aligning federal spending more closely with Elon Musk’s business interests in military and space technology. With a proposed 13% increase in Pentagon spending focused on missile defense and space exploration, SpaceX is positioned to benefit from this shift, particularly through new contracts for military payload launches and advanced satellite systems. The plan, which would reallocate funds from other agencies, emphasizes major investments in defense initiatives such as a new missile defense system aimed at countering threats from global rivals.
President Trump’s 2026 spending plan focuses on an extraordinary jump in federal funding allocated to military and space, favoring Elon Musk's SpaceX, which stands to profit immensely.
Under the proposed budget, SpaceX is positioned to secure lucrative contracts due to its capabilities in launching military payloads and providing essential satellite systems for missile defense.
Read at www.nytimes.com
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