SpaceX Issues $25B Notes
SpaceX issues $25 billion in senior unsecured notes across 5 maturities
On June 22, 2026, Space Exploration Technologies Corp. (the "Company") commenced an offering of senior unsecured notes (the "Offering"). 650% Senior Notes due 2056 (the "2056 Notes" and, together with the 2031 Notes, the 2033 Notes, the 2036 Notes, and the 2046 Notes, the "Notes"). S.
persons pursuant to Regulation S under the Securities Act. 650% per annum with respect to the 2056 Notes. Interest on the Notes is payable semi-annually in arrears on January 15 and July 15 of each year, beginning on January 15, 2027. The Company will pay interest to those persons who were holders of record at the close of business on the January 1 or July 1 immediately preceding each interest payment date.
The Notes are unsecured obligations of the Company and rank equally in right of payment with all existing and future unsubordinated indebtedness, liabilities and other obligations of the Company. The Indenture also contains customary event of default provisions.