Elon Musk’s SpaceX scores a $70 million win

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Elon Musk’s SpaceX scores a $70 million win
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SpaceX is developing an offshoot of Starlink called Starshield.

SpaceX has been awarded its first confirmed government contract for the Starshield offshoot of the company's Starlink satellite internet network, a U.S. Space Force spokesperson told CNBC Sept. 27.

“The SpaceX contract provides for Starshield end-to-end service , user terminals, ancillary equipment, network management and other related services,” Space Force spokesperson Ann Stefanek said.

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