SpaceX debuts bond sale to raise $20 billion after IPO
Key takeaways
- Space X debuts bond sale to raise $20 billion after IPO Quartz · Mario Tama / Getty Images Cris Tolomia Mon, June 22, 2026 at 8:42 PM GMT+7 2 min read SPCX Space Exploration Technologies Corp.
- At least $20 billion is the target for the offering, with bonds maturing across a range spanning five to 30 years.
- The notes will be sold to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S, the company said.
Space X debuts bond sale to raise $20 billion after IPO Quartz · Mario Tama / Getty Images Cris Tolomia Mon, June 22, 2026 at 8:42 PM GMT+7 2 min read SPCX Space Exploration Technologies Corp. announced the commencement of a senior unsecured notes offering on Monday, its first entry into the public bond market, days after completing the largest initial public offering on record.
At least $20 billion is the target for the offering, with bonds maturing across a range spanning five to 30 years. SpaceX said in its SEC filing that it intends to use the net proceeds to repay outstanding borrowings under its bridge loan facility in full, cover related fees and expenses, and apply any remainder to general corporate purposes.
The notes will be sold to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S, the company said. They have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption.