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White House Reviews SpaceX Contracts Amid Trump-Musk Feud

The White House has directed the Defense Department and NASA to review billions of dollars worth of contracts held by SpaceX following a public conflict between President Donald Trump and Elon Musk, sources told Reuters. This review aims to prepare the administration for potential retaliatory actions against Musk’s companies.

Pentagon officials are also weighing whether to reduce SpaceX’s involvement in a new U.S. missile defense system. Currently, SpaceX holds roughly $22 billion in federal contracts, but it is unclear if any cancellations are imminent.

The review stems from Trump’s recent threat to terminate business and subsidies for Musk ventures during their spat. When asked about Musk’s contracts, a White House spokesperson cited a commitment to a rigorous review process for all bids and contracts. NASA confirmed it will continue working with industry partners to meet presidential space objectives.

Sources describe the contract scrutiny as a political move intended to give the administration flexibility should Trump decide to act. Musk, who formerly served as a senior advisor to Trump and led the Department of Government Efficiency (DOGE), has been at odds with the president after publicly calling for his impeachment and linking him to a convicted sex offender.

Experts warn that politicizing such contracts risks undermining national security and public interest. Scott Amey, from the Project on Government Oversight, noted the irony of Musk’s contracts undergoing political scrutiny similar to what his DOGE team imposed on others. He emphasized that contract decisions should prioritize public and security interests over personal disputes.

SpaceX plays a vital role in U.S. aerospace and defense, launching satellites and cargo, and managing NASA’s Dragon spacecraft—the sole U.S. vehicle currently capable of ferrying astronauts to the International Space Station. The company also builds a classified network of spy satellites for the National Reconnaissance Office, strengthening its ties with U.S. defense and intelligence agencies.

Despite recent tensions, SpaceX remains a critical partner to the government, highlighting the complex balance between politics and strategic partnerships in national security.

Voyager Technologies Soars to $3.8 Billion Valuation in NYSE Debut

Voyager Technologies, a defense and space technology firm based in Denver, Colorado, saw its valuation surge to $3.8 billion as its shares more than doubled during its U.S. debut on the New York Stock Exchange. The stock opened at $69.75 on Wednesday, a 125% increase from its $31 offer price, after Voyager raised $382.8 million by selling nearly 12.4 million shares in an upsized initial public offering.

The company’s strong debut highlights robust investor interest in the space sector, which is poised for growth amid significant policy initiatives under the Trump administration. Notably, President Trump proposed the $175 billion Golden Dome project aimed at establishing a U.S. missile defense shield, supporting firms like Voyager.

Founded in 2019, Voyager specializes in mission-critical space and defense technologies. It reported a backlog of $179.2 million as of March 31. Industry experts view Voyager’s IPO as a key step toward greater commercial maturity in the space sector.

Voyager has recently secured significant contracts and funding, including a 2024 deal with Lockheed Martin to supply propulsion and optical guidance systems crucial for U.S. missile defense. NASA also awarded Voyager $217.5 million to develop Starlab, a planned successor to the International Space Station, to be operated jointly with partners Airbus, Mitsubishi, and Palantir.

Voyager’s public offering follows a similar path to defense and space firm Karman, which also saw its stock more than double post-IPO. Analysts note that despite high entry barriers in defense, the current environment encourages established companies to go public.

Asset managers Janus Henderson and Wellington Management had expressed interest in purchasing up to $60 million of Voyager’s shares ahead of the offering.

US Researchers Uncover Likely Launch Site of Russia’s Controversial Nuclear-Powered Missile

Two U.S. researchers have identified a probable deployment site for Russia’s new nuclear-powered missile, the 9M370 Burevestnik, also known as “Skyfall” by NATO. The missile, which boasts near-limitless range and the ability to evade U.S. missile defenses, has been touted by President Vladimir Putin as an “invincible” weapon. However, Western experts have expressed skepticism about its strategic value, citing both its limited advantages and potential safety risks.

Satellite images taken by Planet Labs on July 26 have revealed a construction project near a nuclear warhead storage facility, Vologda-20, which researchers Decker Eveleth and Jeffery Lewis believe is the missile’s potential deployment site. The facility, located 295 miles north of Moscow, features nine horizontal launch pads, housed within berms for protection, with roads leading to nuclear storage bunkers. This configuration has led the researchers to conclude that Russia is advancing with its deployment of the missile despite a history of problematic test flights.

The missile’s poor performance record has raised doubts about its future. According to the Nuclear Threat Initiative, at least 13 tests since 2016 have only resulted in two partial successes. One of the most concerning failures occurred in 2019 when a nuclear reactor aboard a prototype exploded during recovery, leading to radioactive contamination in the White Sea. While Russia’s state nuclear agency Rosatom acknowledged the death of five engineers in the incident, Putin maintained that the weapon was unparalleled globally.

Despite its shortcomings, some experts believe the Burevestnik could be used as a political tool, enhancing Putin’s image as a strong leader and sending a message to Washington about the limitations of U.S. missile defenses. The missile’s development, which is not banned under the New START treaty, suggests that Russia is determined to expand its nuclear capabilities amidst deteriorating relations with the West, further escalating fears of a new arms race.

While some view the Burevestnik as a unique threat with its nuclear-powered engine capable of emitting radiation along its flight path, others argue it offers little strategic advantage over existing Russian capabilities. Experts like Cheryl Rofer, a former U.S. nuclear weapons scientist, have voiced concerns over its risks, describing the missile as a “flying Chernobyl” that poses more danger to Russia than its adversaries.

With the New START treaty set to expire in 2026, the deployment of the Burevestnik raises significant questions about future arms control efforts between the U.S. and Russia. Some analysts, like Pavel Podvig, speculate that Russia could use the missile as leverage in future negotiations, but with the ongoing war in Ukraine, the prospects for dialogue remain uncertain.

As tensions between Russia and the West continue to grow, the Burevestnik represents both a technological gamble and a potential bargaining chip in the high-stakes world of nuclear diplomacy.