Elon Musk's SpaceX, in partnership with Palantir and drone builder Anduril, has emerged as a frontrunner to win a crucial part of President Donald Trump's 'Golden Dome' missile defense shield. This initiative aims to protect the U.S. from missile attacks.
The proposed plan involves building and launching between 400 and over 1,000 satellites to detect and track missiles globally. SpaceX has suggested a 'subscription service' model for its role, which could streamline procurement protocols.
Preliminary engineering and design work for the custody layer of satellites is estimated to cost between $6 billion and $10 billion. This potential contract represents a massive opportunity for Palantir and its partners in the defense technology sector.
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