8-KRegulation FDOther EventsExhibits & Filings

SPACE EXPLORATION TECHNOLOGIES CORP 8-K Report, Regulation FD Disclosure (Jun 22, 2026)

Filed June 22, 2026For Securities:SPCX

Summary

Space Exploration Technologies Corp. (SPCX) has filed an 8-K report detailing two significant events. Firstly, the company announced an updated cash and cash equivalents balance as of June 19, 2026, standing at approximately $100.8 billion. This figure is provided to prospective investors in connection with a proposed debt offering and investors are cautioned not to place undue reliance on this figure as it may change by month-end. Secondly, SPCX announced the commencement of an offering for senior unsecured notes to qualified institutional buyers and non-U.S. persons. The net proceeds from this offering are intended to repay outstanding borrowings under a bridge loan facility, cover related fees and expenses, and for general corporate purposes. This offering is subject to market conditions and the Notes have not been registered under the Securities Act, limiting their sale within the U.S. to specific exemptions.

Key Highlights

  • 1Updated cash and cash equivalents balance reported at $100.8 billion as of June 19, 2026, provided for prospective investors.
  • 2Commencement of an offering for senior unsecured notes is announced.
  • 3The Notes are being offered to qualified institutional buyers (Rule 144A) and non-U.S. persons (Regulation S).
  • 4Proceeds from the Notes offering are earmarked for repaying a bridge loan facility, associated fees/expenses, and general corporate purposes.
  • 5The Notes are unsecured and will rank equally with existing and future unsubordinated indebtedness.
  • 6The offering is subject to market conditions, and the Notes have not been registered under the Securities Act.
  • 7This filing is primarily for disclosure purposes related to the Notes offering and does not constitute an offer to sell or solicit an offer to buy.

Frequently Asked Questions

As of June 19, 2026, SPCX reported approximately $100.8 billion in cash and cash equivalents. Investors are advised that this figure may materially change by June 30, 2026, and should not be relied upon as a final balance.

The company intends to use the net proceeds from the senior unsecured notes offering primarily to repay outstanding borrowings under its bridge loan facility, cover related fees and expenses, and allocate any remaining funds for general corporate purposes.

The Notes are being offered to persons reasonably believed to be 'qualified institutional buyers' in accordance with Rule 144A under the Securities Act, and to non-U.S. persons outside the United States in reliance on Regulation S.

No, the Notes have not been registered under the Securities Act and therefore may not be offered or sold in the United States unless registered or an applicable exemption from registration requirements is available. They are being offered to specific institutional and non-U.S. investors.