Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Tensions Over Starlink Persist as SpaceX May Lose Dominance in the Golden Dome Project

Tensions Over Starlink Persist as SpaceX May Lose Dominance in the Golden Dome Project

金色财经金色财经2025/07/22 21:06
Show original

According to a report by Jinse Finance, three sources familiar with the matter revealed that the Trump administration is expanding its search for partners to build the "Iron Dome" missile defense system, reaching out to Amazon's Kuiper project and major defense contractors. Tensions between Trump and Musk are threatening SpaceX's dominant position in the program. This shift marks the Trump administration's move away from reliance on Musk's SpaceX, whose Starlink and Starshield satellite networks have become central to U.S. military communications. The relationship between Trump and Musk is deteriorating and ultimately broke down publicly on June 5. Two sources said that even before the dispute, Pentagon and White House officials had already begun exploring alternatives to SpaceX, concerned about relying too heavily on a single partner to handle the bulk of the $175 billion space-based defense system.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Jefferies lowers SEA target price to $142

格隆汇•2026/11/11 08:01

Anthropic (ANT.US) targets IPO at trillion-dollar valuation; venture capitalists warn it may signal the peak of the AI market

Venture capitalist Selby warns that Anthropic’s trillion-dollar valuation IPO could signal the peak of the AI market, and the expiration of the lock-up period may trigger a chain reaction of corrections.

智通财经•2026/11/11 07:42

Wall Street's "Great Rotation" Underway: AI Trading Fades, Tech Stocks Out of Favor, Capital Flows Shift to Defensive Sectors

Analysts point out that as investors shift their bets from high-risk technology sectors to defensive stocks, the market is currently in a "state of alert".

智通财经•2026/11/11 07:11
Wall Street's "Great Rotation" Underway: AI Trading Fades, Tech Stocks Out of Favor, Capital Flows Shift to Defensive Sectors