Proposed SpaceX IPO
Stay up to date with this proposed Initial Public Offer (IPO) that could be available to UK investors.
THIS IS AN ADVERTISEMENT AND NOT AN OFFER OF SHARES. IT IS DIRECTED ONLY AT PERSONS TAX RESIDENT AND LOCATED IN THE UK AND IS NOT FOR DISTRIBUTION IN THE US. Share prices may go down, you may get back less than you put in.
Please remember, investing in IPOs carries a high degree of risk. If you are unsure of the suitability of an investment please seek Financial Advice. You are not guaranteed to make a profit, the value of your investments can go down as well as up. You may not get back all the money you invest. Any notification of an IPO on our website is not an endorsement of the issue, nor is it solicitation for interest in the issue. Investment in the Company should not be regarded as short-term in nature. You should consider carefully all of the information set out in the Offer documents, including all the risks attached to investing in the Company before you apply. ii makes no representation as to the likely performance or prospects of the Company. This information is provided for information purposes only and should not be considered a personal recommendation.
Summary
Space Exploration Technologies Corp. (SpaceX) has filed a registration statement on form S-1 with the Securities and Exchange Commission (SEC) regarding a proposed US initial public offering of its Common Stock.
Key information
- Investment type: Common Stock
- Market: Nasdaq
- Ticker: SPCX
We use some important terms on this web page, which you should keep in mind when reading through the content:
- "Initial Public Offer" (or "IPO") is the sale of shares by SpaceX to the public for the first time and it is “proposed” because it is not certain whether it will go ahead.
- Marex Financial will act as POP Operator if the UK Retail Offer goes ahead, and will run the electronic platform to which Retail Intermediaries will send the orders of their clients. Marex Financial is authorised by the Financial Conduct Authority to do this.
- "UK Retail Offer" means the UK retail part of the IPO and it is "proposed" because it is not certain that it will go ahead.
- "Retail Intermediaries" are brokers that help retail clients buy and sell shares. These brokers have arranged access to Marex Financial's online WRAP portal where, if the offer goes ahead, the brokers will use the WRAP portal to submit your orders.
- The "Prospectus" is part of the S-1 Registration Statement and is a document which contains key information about a company and has been prepared by the Company and its advisors to outline the business of the Company and its financial performance.
- A Disclosure Summary is a document prepared by Marex Financial as POP Operator. It explains key facts about the Company and why Marex supports its Initial Public Offer.
- A "POP Operator" is an entity authorised by the Financial Conduct Authority to run an electronic system through which certain shares are offered to the public in the UK.
- The "Company" is Space Exploration Technologies Corp., also known as SpaceX.
Proposed SpaceX IPO overview
Founded in 2002, SpaceX is the only company building the integrated hardware and software infrastructure of the future across space, connectivity, and AI. They design, manufacture, launch, and operate products and services built on cutting-edge technologies, including the world’s most advanced rockets and spacecraft.
SpaceX combines the most transformative and critical technologies in human history, including reusable rockets, a fully global internet service, satellite-to-mobile communications, a real-time information, entertainment and free speech platform, and a truth-seeking AI system designed to accelerate scientific discovery and augment human capabilities.
Space Exploration Technologies Corp. has applied to list its Common Stock on the Nasdaq under the symbol “SPCX”.
The proposed Initial Public Offer to UK retail investors will only be available to retail investors through Retail Intermediaries, which includes interactive investor (ii), who have made arrangements with Marex Financial. Marex Financial is operating the WRAP platform to which ii will send the orders of prospective investors to take part in the proposed UK Retail Offer.
What's expected next?
If the UK Retail Offer proceeds and opens for applications, we will make the Prospectus and Disclosure Summary available. After we receive all orders, we will collate the orders from our customers and send the information to Marex Financial.
More information and documents will be added over the coming days, so please keep checking our website and register for notifications.
If you decide to participate, you will need to confirm to us that you have read and understood certain documents. We will tell you which documents when they are published.
Proposed SpaceX IPO FAQs
An IPO is when a private company offers shares to public investors for the first time through a stock exchange. If successful, the company becomes publicly traded. One of the main reasons companies launch an IPO is to raise capital.
The S-1 filing is a document that gives potential investors important information about a company before it goes public. It’s designed to help investors decide whether they want to invest. Most S-1 filings include:
- Business overview – what the company does and its plans for growth
- Financial information – revenue, profits, losses and cash flow
- Use of IPO capital – how the company plans to use money raised from the IPO
- Risk factors – key risks facing the business, such as competition or regulation
- Management team – details about company leaders and board members
- Share ownership structure – who owns shares in the company before and after the IPO
Only individuals located and tax resident in the UK can apply for the proposed UK Retail Offer for the proposed SpaceX IPO.
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If Marex Financial offers shares in the Company through its public offer platform, a U.S. prospectus (the "U.S. Prospectus") and a disclosure summary (the "Disclosure Summary") will be published and made available on this website.
A registration statement on Form S-1 relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. Copies of the U.S. Prospectus, when available, may be obtained for free by visiting EDGAR on the SEC's website at www.sec.gov.
Neither the U.S. Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed on the adequacy or accuracy of the U.S. Prospectus. Any representation to the contrary is a criminal offense.
Whilst the U.S. Prospectus is referred to as a 'prospectus', neither the U.S. Prospectus nor the Disclosure Summary is a prospectus for the purposes of The Public Offers and Admissions to Trading Regulations 2024 (the "POATRs") or the UK Financial Conduct Authority ("FCA") Handbook Admission to Trading on a Regulated Market Sourcebook (the "PRM Sourcebook"). Neither the U.S. Prospectus nor the Disclosure Summary has been approved by the FCA and the U.S. Prospectus and the Disclosure Summary may not contain the same information as would be included in a prospectus for the purposes of the POATRs or the PRM Sourcebook.
The securities of the Company will not be admitted to listing to the Official List of the FCA or admitted to trading on a regulated market or primary MTF (as such terms are defined in the POATRs) in the United Kingdom.
You should read the U.S. Prospectus and the Disclosure Summary before deciding to participate in the offer in order to fully understand the potential risks and rewards before investing. If you are in any doubt about investing, contact an independent financial adviser.
This advertisement is prepared by and is the sole responsibility of Interactive Investor Services Limited, a firm authorised and regulated by the Financial Conduct Authority.
No offer or invitation to purchase securities in any jurisdiction is being made by the Company and, to the fullest extent permitted by law, each of the Company and its directors, employees, agents and affiliates disclaim any liability or responsibility to actual or potential investors who invest in securities of the Company pursuant to the offer by Marex Financial made through its public offer platform.
By accessing this website, you warrant that you are tax resident and located in the United Kingdom and you are not physically present in the United States or any other jurisdiction outside of the United Kingdom, and you agree that you will not transmit or otherwise send any of the information to persons outside the United Kingdom.