President Trump unveiled the $175 billion Golden Dome missile defense project, intended to thwart aerial threats, including hypersonic missiles, with space-based interceptors. Concerns arise from China, which denounces it as a catalyst for an arms race and heightened global security risks. The initiative, which aims for operational readiness by 2029, includes $25 billion in initial funding and has sparked skepticism regarding its funding and feasibility. The project is inspired by Israel's Iron Dome system and aims to enhance U.S. defenses against missile threats from countries like China and North Korea.