What Happened
US Military Invests in Emerging Commercial Rocket Companies
The US military is upgrading its financial support for emerging commercial rocket companies, with the Pentagon committing a combined $300 million in conditional loans to Rocket Lab and Stoke Space. The move comes as SpaceX prepares to shift away from its long-running Falcon rocket program, and the investments aim to strengthen the American commercial space industry by helping companies develop the infrastructure and manufacturing capabilities needed to support future military requirements, as reported by Unknown Source.