TNB Tech Minute: SpaceX Set to Develop Satellites in $2 Billion Pentagon Deal
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 31 October 2025
⏱️ 2 minutes
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| 0:32.5 | Here's your morning TNB Tech Minute for Friday, October 31st. I'm Zoe Colkin for the Wall Street Journal. |
| 0:39.8 | We're exclusively reporting Elon Musk's SpaceX is set to receive $2 billion to develop satellites |
| 0:46.1 | that contract missiles and aircraft under President Trump's Golden Dome Project. |
| 0:51.3 | That's according to people familiar with the matter. |
| 0:54.1 | SpaceX is expected to play a major |
| 0:55.9 | role in two other Pentagon satellite networks as well, one called Milnet that would relay sensitive |
| 1:01.9 | military communications, and another that involves satellites capable of tracking vehicles on the |
| 1:06.8 | ground. A Pentagon spokesperson declined a comment on SpaceX's involvement in the projects. |
| 1:12.0 | SpaceX didn't respond to a request for comment. |
| 1:14.9 | NVIDIA has struck a number of deals with some of South Korea's biggest companies, including |
| 1:20.5 | Samsung Electronics and Hyundai Motor, that will see more than a quarter million of its chips |
| 1:25.3 | deployed across the country. The Hyundai deal will |
| 1:28.0 | focus on AI capabilities for autonomous vehicles, smart factories and robotics, and building AI |
| 1:33.4 | data centers. The Samsung partnership includes a megafactory that would use over 50,000 |
| 1:39.5 | Nvidia graphics processing units. Financial details and the location of the factory were not disclosed. |
| 1:46.0 | The batch of partnerships is part of the South Korean government's push to build out its AI capacity |
| 1:50.4 | and continues a deal-making streak from Nvidia that helped to become the first $5 trillion |
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