Billionaire Elon Musk’s SpaceX and United Launch Alliance are reportedly expected to win a multibillion dollar Pentagon contract for U.S. Space Force rocket launches on Friday, according to Reuters.

The deal will help Space Force send its most sensitive satellites into orbit, two sources familiar with the decision told Reuters. Newsweek has not independently verified the reporting.

The deal comes as Musk, the world’s wealthiest man, continues to lead the Department of Government Efficiency (DOGE) efforts to make massive cuts to the federal government under President Donald Trump’s administration. Thousands of federal workers have faced layoffs, as Musk has touted the needs for cutting federal spending.

This is a developing story and will be updated with additional information.