SpaceX prices $25 billion of senior notes in five tranches

SpaceX priced $25 billion of senior notes in five tranches, according to a company release from Starbase, Texas, dated June 23, 2026. The tranches ranged from $2.5 billion to $7.0 billion, and settlement was expected June 26. The debt sale added a bond funding source alongside the equity raised in the IPO.

• Total $25 billion across five tranches
• Tranche sizes: $7.0B, $6.0B, $6.0B, $2.5B and $3.5B
• Expected settlement June 26, 2026