AFBytes Quarter Rundown — Sunday, May 31, 1:00 PM ET

Welcome to today's headlines from the last 24 hours, a summary of the top stories shaping America's world. According to Azernews.AZ, the U.S. Space Force awarded SpaceX a $4.16 billion contract to build a satellite constellation for tracking and monitoring. This large defense contract will influence jobs in aerospace manufacturing and related supply chains. Forbes reports that SpaceX announced plans to place up to one million AI data center satellites in orbit beginning in 2028. Analysts have raised questions about financial sustainability, and this development could influence orbital capacity, spectrum allocation, and future infrastructure costs. Iran's Islamic Revolutionary Guard Corps announced it intercepted and destroyed a U.S. MQ-1 drone inside Iranian territory. The incident occurred early Sunday morning, according to the statement. Direct military action involving U.S. assets raises risks of broader confrontation that could affect energy markets and defense deployments. Several cartoonists published work commenting on Donald Trump's health and reports of him falling asleep in meetings. Media depictions of presidential fitness can shape public discussion but do not directly alter policy outcomes. California holds a primary election on Tuesday with 61 candidates on the ballot to succeed term-limited Governor Gavin Newsom. The outcome will shape state tax policy, housing regulation, and energy costs that directly affect California households and businesses. That's the day from where we sit — thanks for spending part of it with us. Stay with us at AFBytes for what's next.