STARBASE, Texas – Space Exploration Technologies Corp. ("SpaceX") today announced the closing of its initial public offering of an aggregate 638,888,888 shares of its Class A common stock, including the full exercise by the underwriters of their overallotment option to purchase an additional 83,333,333 shares of Class A common stock from SpaceX. The issuance of all shares closed on June 15, 2026, bringing the gross proceeds from the initial public offering to SpaceX to approximately $85.7 billion. The shares of Class A common stock began trading on the Nasdaq Global Select Market and Nasdaq Texas on June 12, 2026, under the ticker symbol “SPCX.”
Goldman Sachs & Co. LLC, Morgan Stanley, BofA Securities, Citigroup, J.P. Morgan, Barclays, Deutsche Bank Securities, RBC Capital Markets, UBS Investment Bank, and Wells Fargo Securities acted as book-running managers for the offering. Cantor, Needham & Company, Raymond James, Societe Generale, Stifel, William Blair, BTG Pactual, ING, Macquarie Capital (USA) Inc., Mirae Asset Securities, Mizuho, and Santander acted as co-managers.
United States
A registration statement relating to the Class A common stock was declared effective by the Securities and Exchange Commission on June 11, 2026. This offering is being made only by means of a prospectus, copies of which may be obtained, when available, from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at 866-471-2526 or by email at prospectus-ny@ny.email.gs.com; Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, Second Floor, New York, NY 10014 or by email at prospectus@morganstanley.com; BofA Securities, Inc., Attention: Prospectus Department, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001 or by email at dg.prospectus_requests@bofa.com; Citigroup Global Markets, Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by telephone at 1-800-831-9146; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com.
Canada
In Canada, this offering is only made by prospectus. A supplemented PREP prospectus containing important information relating to the securities described in this press release has been filed with the securities regulatory authorities in each of the provinces and territories of Canada and is accessible through SEDAR+ at www.sedarplus.ca.
An electronic or paper copy of the supplemented PREP prospectus and any amendment may be obtained, without charge, from RBC Dominion Securities Inc., 180 Wellington Street West, 8th Floor, Toronto, ON M5J 0C2, Attn: Distribution Centre, or via email at Distribution.RBCDS@rbccm.com by providing an email address or address, as applicable.
This press release does not provide full disclosure of all material facts relating to the securities offered. Investors should read the supplemented PREP prospectus and any amendment for disclosure of those facts, especially risk factors relating to the securities offered, before making an investment decision.
UK
In the UK, this announcement is for distribution only to, and is directed only at persons in the United Kingdom who are qualified investors as defined under paragraph 15 of Schedule 1 of the POATR, who are also (i) persons having professional experience in matters relating to investments who fall within the definition of “investment professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”); (ii) high net worth bodies corporate, unincorporated associations and partnerships and trustees of high value trusts described in Article 49(2)(a) to (c) of the Order; or (iii) persons to whom it may otherwise lawfully be communicated (all such persons being referred to as “Relevant Persons”). In the UK, any investment or investment activity to which this announcement relates is available only to, and will be engaged in only with, Relevant Persons. Any person in the UK that is not a Relevant Person should not act or rely on this announcement or its contents. The expression “POATR” means The Public Offers and Admissions to Trading Regulations 2024.
Switzerland
In Switzerland, this announcement does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities. The securities have already been sold. This announcement constitutes an advertisement within the meaning of article 68 of the Swiss Financial Services Act (“FinSA”). It is not a prospectus within the meaning of the FinSA nor under any other applicable laws with respect to the public offering of Class A common stock of SpaceX to eligible retail investors in Switzerland (the “Swiss Public Offering”). In the Swiss Public Offering, the securities referred to in this announcement have been offered and sold on the basis of a prospectus issued by SpaceX for purposes of the European and Swiss Public Offerings (the “European Prospectus”). The European Prospectus is, following approval by the German Federal Financial Supervisory Authority, deposited with a Swiss prospectus office for automatic acceptance in accordance with article 54(2) FinSA. The approval of the European Prospectus and/or the deposit of the European Prospectus with a Swiss prospectus office should not be understood as an endorsement of the securities.
EEA
In the European Economic Area, this announcement does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities. The securities have already been sold. The securities referred to in this announcement have been offered under a prospectus issued by SpaceX under a prospectus for the purposes of Article 3 of Regulation (EU) 2017/1129, as amended (the “Prospectus Regulation”) or otherwise in circumstances falling within the application Article 1(4) of the Prospectus Regulation not requiring the publication of a prospectus.
Australia
The Australian prospectus was lodged with the Australian Securities and Investments Commission (“ASIC”) in connection with SpaceX’s initial public offering of Class A common stock (“Securities”) in Australia on 4 June 2026. A supplementary Australian prospectus confirming the final public offering price was lodged with ASIC on 12 June 2026. The Australian prospectus and the supplementary Australian prospectus are available at www.spacexipo.com.
Japan
A securities registration statement relating to the initial public offering of shares of Class A common stock in Japan submitted on May 27, 2026, and the amendments to the securities registration statement submitted on June 5, 2026, June 8, 2026 and June 12, 2026, respectively, were declared effective on June 12, 2026.
About SpaceX
Founded in 2002, SpaceX is the only company building the integrated hardware and software infrastructure of the future across space, connectivity, and AI. At our core, we are builders. We design, manufacture, launch, and operate products and services built on cutting-edge technologies, including the world’s most advanced rockets and spacecraft.
Contacts
Media
media@spacex.com
Investors
investors@spacex.com