SpaceX lands contract to build missile tracking satellites for US military

SpaceX is now in the business of building satellites that do more than beam broadband around the globe. Elon Musk's space company is one of two awarded a contract from the Space Development Agency (part of the US Department of Defense) to build four satellites each that can track missile threats from low-Earth orbit.

SpaceX will receive over $149 million for the job, while major defense contractor L3 Harris will receive over $193 million, SDA announced on Monday.