Solidion Technology (Nasdaq: STI) Adopts SpaceX-Focused Treasury Strategy for Corporate Cash Reserves

About this update from Solidion Technology, Inc.

Company intends to opportunistically acquire SpaceX shares as a long-term strategic treasury holding, reflecting alignment with the next era of aerospace, energy, and transportation infrastructure DALLAS, June 29, 2026 /PRNewswire/ -- Solidion Technology, Inc. (Nasdaq: STI), an advanced battery materials and technology company, today announced that it intends to opportunistically acquire a position in SpaceX to be held as a strategic treasury asset on the Company's balance sheet. The initial allocation would represent a modest portion of Solidion's sizable current cash on hand, consistent with the Company's disciplined approach to treasury management and its focus on preserving capital for core operations. The allocation reflects the Company's conviction that SpaceX represents a generational asset — the world's leading aerospace, satellite communications, and transportation infrastructure company — with strategic relevance that extends directly to Solidion's addressable markets, including electric vehicles, energy storage, aerospace, and defense applications. Solidion's management team view the SpaceX position as complementary to the Company's core mission. SpaceX's Starship, Falcon, and Starlink programs represent some of the most demanding environments for next-generation battery technology — and the energy density, thermal performance, and safety characteristics required for aerospace applications are precisely the challenges Solidion's silicon anode, graphene-enhanced, and bipolar solid-state battery technologies are engineered to address. Beyond thematic alignment, the Company believes a modest SpaceX position enhances the quality of Solidion's treasury through exposure to a high-conviction, publicly held asset. Key Parameters of the SpaceX Treasury Allocation:

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