• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

SpaceX’s role in ‘Golden Dome’ under scrutiny after Musk-Trump feud: report

by June 14, 2025
by June 14, 2025

The relationship between tech billionaire Elon Musk and President Donald Trump took a contentious twist, casting uncertainty over SpaceX’s involvement in a critical US missile defense initiative known as the ‘Golden Dome.’

A report from news agency Reuters indicates that the feud, which erupted publicly last week, has led to questions about whether SpaceX, Musk’s aerospace company, will maintain its anticipated role in this ambitious defence project.

The Golden Dome missile defense project

The ‘Golden Dome’ is an advanced missile defense system proposed by the Trump administration, aimed at enhancing the United States’ ability to track and intercept potential missile threats through a network of satellites and cutting-edge technology.

SpaceX was reportedly slated to play a pivotal role in this initiative, collaborating with companies like Palantir and Anduril to develop key components of the system.

The project, seen as a cornerstone of Trump’s defense strategy, relies heavily on private sector innovation, with SpaceX’s expertise in satellite deployment and rocket technology considered integral to its success.

SpaceX had submitted a proposal for the “custody layer” of the Golden Dome initiative — a satellite constellation of 400 to 1,000 units designed to detect missile launches, track their trajectories, and assess whether they pose a threat to US territory, according to an April report by Reuters.

The pitch came in the wake of a January 27 executive order from President Donald Trump, which directed officials to finalize a proposed architecture for the Golden Dome and deliver an implementation plan by the end of March.

However, the recent clash between Musk and Trump has thrown this collaboration into doubt.

Impact of the feud on SpaceX’s role

The US government is now reconsidering SpaceX’s involvement in the Golden Dome project.

The report citing sources suggests that a reduced role for SpaceX could mark the first significant setback to Musk’s extensive business dealings with federal agencies since the feud began.

The White House, which had previously prioritized SpaceX’s contributions to the missile shield, is exploring alternative frameworks that might limit the company’s participation.

This development raises questions about whether other defense contractors could step in to fill the gap, potentially altering the project’s timeline and technological approach.

The uncertainty surrounding SpaceX’s role in the Golden Dome project extends beyond a mere corporate dispute.

SpaceX has been a linchpin in US space endeavors, not only through its contributions to missile defense but also via its contracts for missions to the International Space Station and the development of the Starship program.

A diminished partnership with the government could disrupt critical defense initiatives at a time when global tensions necessitate robust missile tracking systems.

In recent days, Elon Musk has moved to de-escalate tensions with former President Donald Trump, expressing regret over some of his earlier remarks and deleting social media posts that included calls for Trump’s impeachment.

Earlier this week, White House Press Secretary Karoline Leavitt told reporters that Trump appreciated Musk’s apology and that she was not aware of any administration review of federal contracts involving Musk as a result of the dispute.

Disclaimer: Portions of this article were generated with the assistance of AI tools and reviewed by the Invezz editorial team for accuracy and adherence to our standards.

The post SpaceX’s role in ‘Golden Dome’ under scrutiny after Musk-Trump feud: report appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Adobe Systems shares plunge 7% as sales outlook not enough to meet AI risks
next post
US stocks crash at open: Dow Jones fell over 400 points, Nasdaq down 0.8%

Related Posts

Amazon and Walmart considering to issue own stablecoins:...

June 14, 2025

US stocks crash at open: Dow Jones fell...

June 14, 2025

Adobe Systems shares plunge 7% as sales outlook...

June 14, 2025

OXY is a top oil stock to own...

June 14, 2025

Israel attack on Iran sends travel stocks sinking...

June 14, 2025

US markets end in red as tensions in...

June 14, 2025

Archer Aviation stock tanks after raising capital: 3...

June 14, 2025

Uncertainties persist in base metals market regarding US-China...

June 14, 2025

Could the Air India Ahmedabad crash derail its...

June 14, 2025

Nifty 50 Index has crashed: here’s why it...

June 13, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • Amazon and Walmart considering to issue own stablecoins: report

    June 14, 2025
  • US stocks crash at open: Dow Jones fell over 400 points, Nasdaq down 0.8%

    June 14, 2025
  • SpaceX’s role in ‘Golden Dome’ under scrutiny after Musk-Trump feud: report

    June 14, 2025
  • Adobe Systems shares plunge 7% as sales outlook not enough to meet AI risks

    June 14, 2025
  • OXY is a top oil stock to own as Israel-Iran tensions flare: find out more

    June 14, 2025
  • Israel attack on Iran sends travel stocks sinking while energy, defense shares rally

    June 14, 2025

Editors’ Picks

  • 1

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 2

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Elon Musk says federal employees must fill out productivity reports or resign

    February 23, 2025
  • 6

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 7

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025

Categories

  • Economy (1,469)
  • Editor's Pick (154)
  • Investing (175)
  • Stock (952)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Trump effect? Newsmax (NMAX) stock soars 500%...

April 1, 2025

Top 4 Dow Jones stocks to buy...

May 16, 2025

Stellantis forecasts growth in 2025 after sharp...

February 26, 2025