This study demonstrates that magnetron-sputtered NbSe2 film can be used as a lubricant for space current-carrying sliding contact, which accommodates both metal-like conductivity and MoS2-like lubricity. Deposition at low pressure and low energy is performed to avoid the generation of the interference phase of NbSe3. The composition, microstructure, and properties of the NbSe2 films are further tailored by controlling the sputtering current. At an appropriate current, the film changed from amorphous to crystalline, maintained a dense structure, and exhibited excellent comprehensive properties. Compared to the currently available electrical contact lubricating materials, the NbSe2 film exhibits a significant advantage under the combined vacuum and current-carrying conditions. The friction coefficient decreases from 0.25 to 0.02, the wear life increases more than seven times, and the electric noise reduces approximately 50%.