secwatch.observer — SEC 8-K summary
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Issuer:     SPACE EXPLORATION TECHNOLOGIES CORP (SPCX)
CIK:        0001181412
Form:       8-K
Filed at:   2026-06-15T21:01:04+00:00
Accession:  0001628280-26-043288
Event type: other_material
Sentiment:  positive
Materiality: 1.00
Item codes: 3.02, 3.03, 5.03, 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SpaceX completes IPO of 638.9M shares at $135.00/share; raises ~$86.3B gross
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- IPO of 638,888,888 Class A shares at $135.00/share includes full greenshoe of 83.3M shares.
- Net proceeds will fund AI compute, launch infrastructure, and satellite constellation expansion.
- Approximately 103M preferred shares converted to Class A and Class B common stock at closing.
- Board adopted Amended 2024 Equity Plan (300.9M shares) and Second A&R ESPP (24.0M shares) for IPO.
- Company will disclose material news via investor page (spacex.com) and X account @SpaceX.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1181412/000162828026043288/0001628280-26-043288-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1181412/000162828026043288/spaceexplorationtechnologi.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-043288

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer