Space Exploration Technologies Corp. entered into an indenture with The Bank of New York Mellon Trust Company, N.A. on June 26, 2026, to issue $25.0 billion in aggregate principal amount of senior unsecured notes. The offering consists of five tranches: $7.0 billion at 5.350% due 2031, $6.0 billion at 5.650% due 2033, $6.0 billion at 5.875% due 2036, $2.5 billion at 6.600% due 2046, and $3.5 billion at 6.650% due 2056. Interest is payable semi-annually on January 15 and July 15. The company also entered into a registration rights agreement with several initial purchasers to facilitate a future exchange offer. Space Exploration Technologies Corp. is an aerospace company that develops spacecraft and launch vehicles.
