Space Exploration Technologies Corp. Class A Common StockUK MoD confirmed use of Starshield with ~$40M spend, and SpaceX has booked over $6B in U.S. government Starshield contracts, driving Enterprise & Government revenue up 108% YoY.

Britain's Ministry of Defence became the first government outside the United States to publicly confirm it uses Starshield, the military variant of Starlink built by SpaceX, a disclosure Reuters reported on September 10 that included UK spending of nearly $40 million on the company's satellite services. The UK deployment is small in dollar terms but operational, with the capped Starshield service tier in Britain including five terabytes of monthly data and per-terminal hardware starting at £4,000. SpaceX has already booked over $6 billion in multi-year U.S. government Starshield contracts from Space Force for LEO-based communications and sensing, and Gwynne Shotwell told analysts on the second-quarter call that the company won more than $6 billion in U.S. contracts in Q2 supporting major Space Force programs. Enterprise & Government revenue reached $1.806 billion in the quarter, up 108% year over year, driven by airline partnerships and Starshield, while Starlink ended the quarter with 12.0 million subscribers and Connectivity revenue of $4.29 billion, up 66% year over year. SpaceX spent $18.37 billion in capex in the quarter, with $15.83 billion directed to AI compute infrastructure, while posting a $541 million net loss, and the FY 2027 Space Force request includes $9.8 billion in Satellite Communication and $10.8 billion in Space-Based Sensing and Targeting.
Space Exploration Technologies Corp. Class A Common StockUK MoD confirmed use of Starshield with ~$40M spend, and SpaceX has booked over $6B in U.S. government Starshield contracts, driving Enterprise & Government revenue up 108% YoY.