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Trump Unveils “Golden Dome” Missile Defense System with 20-Year, $540 Billion Price Tag

HeadlineMay 21, 2025

President Trump on Tuesday proposed a missile defense project modeled after Israel’s Iron Dome. Trump’s “Golden Dome” calls for the U.S. to spend $540 billion over two decades to launch a network of satellites that could track and intercept missiles launched at the United States. The project would likely be a massive boon to Elon Musk’s private rocket company SpaceX, which dominates the commercial launch sector.

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