SpaceX issues five series of senior unsecured notes with maturities from 2031 to 2056

SpaceX entered into an indenture on June 26, 2026 and issued senior unsecured notes in five series, according to a Form 8-K filed that day. The series comprise $7.0 billion of 5.350% notes due 2031, $6.0 billion of 5.650% notes due 2033, $6.0 billion of 5.875% notes due 2036, $2.5 billion of 6.600% notes due 2046 and $3.5 billion of 6.650% notes due 2056.

Interest is payable semi-annually on January 15 and July 15 of each year, beginning on January 15, 2027. The notes rank equally in right of payment with SpaceX's existing and future unsubordinated indebtedness.

SpaceX may redeem each series at its option before the applicable par call date at a make-whole price, and on or after that date at 100% of principal amount plus accrued and unpaid interest. The notes were offered only to qualified institutional buyers under Rule 144A and to non-U.S. persons outside the United States under Regulation S.

Under a registration rights agreement with the initial purchasers' representatives, SpaceX agreed to use commercially reasonable efforts to complete a registered exchange offer no later than 540 days after the issue date.