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Space Exploration Technologies Corp. Announces Pricing of Initial Public Offering
Space Exploration Technologies Corp. ("SpaceX") today confirmed the pricing of its initial public offering of 555,555,555 shares of its Class A common stock, at a public offering price of $135.00 per share.
About this update from Space Exploration Technologies Corp
STARBASE, Texas, June 11, 2026 /CNW/ - Space Exploration Technologies Corp. ("SpaceX") today confirmed the pricing of its initial public offering of 555,555,555 shares of its Class A common stock, at a public offering price of $135.00 per share. The shares are expected to begin trading on the Nasdaq Global Select Market and Nasdaq Texas on June 12, 2026, under the ticker symbol "SPCX." The offering is expected to close on June 15, 2026, subject to customary closing conditions. In addition, SpaceX has granted the underwriters a 30-day option to purchase up to an additional 83,333,333 shares of its Class A common stock at the initial public offering price. 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 are acting as book-running managers for the offering. Allen & Company LLC, Cantor, Needham & Company, Raymond James, Societe Generale, Stifel, William Blair, BTG Pactual, ING, Macquarie Capital (USA) Inc., Mirae Asset Securities, Mizuho, and Santander are acting 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 [email protected]; Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, Second Floor, New York, NY 10014 or by email at [email protected]; BofA Securities, Inc., Attention: Prospectus Department, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001 or by email at [email protected]; 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 [email protected] and [email protected]. Canada In Canada, this offering is only made by prospectus. A base PREP prospectus ...
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