Trump Proposes $1.5T Defense Budget as SpaceX-Linked Startup Secures Hypersonic Contracts
2026-06-30 19:28

Woofun AI reports that the Trump administration has submitted a $1.5 trillion defense budget proposal, prioritizing procurement speed to address depleted arsenals and intensifying state-level competition for manufacturing investment.

Castelion, established by former SpaceX employees, applies commercial aerospace principles to hypersonic missile production, securing contracts for at least 500 units annually under fixed-price terms. Having raised over $550 million, the firm is constructing a $220 million facility in New Mexico, with 15 of 21 buildings already under construction six months after breaking ground.

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Trump
SpaceX
Castelion
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