SpaceX prices $25B bond offering across five tranches to refinance bridge loan

Filed June 23, 2026 · Period ending June 23, 2026 · ~1 min read

Key Changes

• high

  SpaceX priced $25 billion in senior unsecured notes across five tranches: $7B at 5.350% (2031), $6B at 5.650% (2033), $6B at 5.875% (2036), $2.5B at 6.600% (2046), and $3.5B at 6.650% (2056). Settlement expected June 26, 2026.

  Item 8.01 verify on EDGAR →
• high

  Proceeds will fully repay the company's outstanding bridge loan facility, cover transaction fees and expenses, with any remainder for general corporate purposes. This refinances short-term bridge debt with long-term fixed-rate obligations.

  Item 8.01 verify on EDGAR →
• medium

  The notes are unsecured and rank equally with all existing and future unsubordinated debt. Noteholders have no collateral backing and share equal priority with other senior unsecured creditors.

  Item 8.01 verify on EDGAR →