SpaceX 8-K

Governance changeEquity raiseExecutive pay

IPO completed, with proceeds targeted at expanding AI compute, launch infrastructure and vehicles, and satellite capacity.

Filed 2026-06-15 17:01 ET

Summary

SpaceX completed its IPO and implemented related capital-structure changes on 6/15/2026. The offering issued 638.9 million Class A shares at $135 each, including the underwriters’ fully exercised option. The company intends to use net proceeds to expand AI compute, launch infrastructure and vehicles, and satellite capacity, with any remainder for general corporate purposes.

Key Figures

  • IPO: 638.9 million Class A shares at $135 per share; estimated gross proceeds of $86.3B, calculated from the disclosed share count and price.
  • Approximately 103 million preferred shares converted into Class A or Class B common stock at the IPO closing.
  • Shares available for future issuance: 300.9 million under the amended 2024 Equity Incentive Plan and 24.0 million under the amended 2017 Employee Stock Purchase Plan.
  • The company amended and restated its certificate of formation and bylaws in connection with the IPO.

Investor Takeaways

  • SpaceX says it will primarily announce quarterly and annual results and other material developments on its investor relations website and X account, rather than through wire services.

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