{"url_path":"/sec/cik-0001181412/8-k/2026-06-15/item-8-01","section_key":"item-8-01","section_title":"Item 8.01 Other Events","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-15","source_url":"https://www.sec.gov/Archives/edgar/data/1181412/0001628280-26-043288-index.html","accession_number":"0001628280-26-043288","cik":"0001181412","ticker":null,"issuer_name":"SPACE EXPLORATION TECHNOLOGIES CORP","edgar_url":"https://www.sec.gov/Archives/edgar/data/1181412/0001628280-26-043288-index.html","primary_entity_key":"0001181412","primary_entity_name":"SPACE EXPLORATION TECHNOLOGIES CORP"},"word_count":392,"has_tables":true,"body_markdown":"Item 8.01. Other Events\n\nOn June 15, 2026, the Company completed its IPO of 638,888,888 shares of the Company’s Class A Common Stock, at an offering price of $135.00 per share, which includes the exercise in full by the Underwriters (as defined below) of their option to purchase from the Company an additional 83,333,333 shares of Class A Common Stock, pursuant to the Registration Statement. The IPO included, in addition to the public offering of the Class A Common Stock in the United States, public offerings of the Class A Common Stock in Australia, certain provinces and territories of Canada, certain member states of the European Economic Area, Japan, Switzerland, and the United Kingdom (including in the form of Computershare depositary interests) as described in the Registration Statement (such offerings in non-U.S. jurisdictions, collectively, the “Global Offering”).\n\nAs described in the Registration Statement, the Company intends to use the net proceeds from the IPO to fund its growth strategy, including the expansion of the Company’s AI compute infrastructure, enhancements to the Company’s launch infrastructure and launch vehicles, increases in the scale and capacity of the Company’s satellite constellations, and any remaining amounts for general corporate purposes.\n\nUnderwriting Agreement\n\nOn June 11, 2026, the Company entered into an Underwriting Agreement (the “Underwriting Agreement”) with Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, BofA Securities, Inc., Citigroup Global Markets Inc. and J.P. Morgan Securities LLC, as representatives of the several underwriters named therein (the “Underwriters”), and Deutsche Bank Aktiengesellschaft, relating to the offer and sale of the Class A Common Stock in the IPO.\n\nThe Underwriting Agreement contains customary representations and warranties, covenants, closing conditions and termination provisions, including provisions solely relating to the various jurisdictions involved in the Global Offering. The Company has agreed to indemnify the Underwriters and certain persons related to the Underwriters against certain liabilities, including liabilities arising under the Securities Act and certain liabilities relating to the\n\ndirected share program described in the Registration Statement and the Global Offering, and to contribute to payments that the Underwriters may be required to make in respect of certain such liabilities.\n\nThe foregoing description is qualified in its entirety by reference to the full text of the Underwriting Agreement, which is attached as Exhibit 1.1 to this Current Report on Form 8-K and incorporated in this Item 8.01 by reference."}