SpaceX revolving credit facility upsized to US$5bn
General corporate purposes and performance letters of credit
Key terms
- Borrower or issuer
- SpaceX
- Date
- May 2026
- Type
- Bank facility
- Amount
- US$5bn
- Maturity
- 19 May 2031
Recorded terms
- Structure
- Amendment of the February 2025 revolver: capacity raised from US$1.5bn to US$5bn, performance letter of credit sublimit raised to US$2bn, maturity extended
- Lenders and arrangers
- Bank syndicate; Bank of America, N.A. as administrative agent
- Country
- US
Parties
- SpaceX borrower or issuer
- Lenders: Bank of America
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 28 Sep 2026 | SKY Perfect JSAT ¥17bn syndicated sustainability-linked loan | Bank facility | JPY 17bn |
| 18 Sep 2026 | Synspective ¥20bn syndicated term loan (2026) | Bank facility | JPY 20bn |
| 9 Sep 2026 | ispace ¥3bn Shizuoka Bank loan (2026) | Bank facility | JPY 3bn |
| 8 Jul 2026 | EIB €150m Space Lending Facility with Intesa Sanpaolo (with ESA) | Bank facility | €150m |
| 21 May 2026 | ICEYE €300m revolving credit facility (2026) | Bank facility | €300m |
More from SpaceX
| Date | Financing | Type | Amount |
|---|---|---|---|
| 23 Jun 2026 | SpaceX US$25bn inaugural senior notes (five tranches) | Bond | US$25bn |
| 2 Mar 2026 | SpaceX US$20bn unsecured bridge loan refinancing X and xAI debt | Bank facility | US$20bn |
| 7 Feb 2025 | SpaceX US$1.5bn five-year revolving credit facility | Bank facility | US$1.5bn |
M&A and investment involving SpaceX
| Date | Deal | Type | Value |
|---|---|---|---|
| 8 Oct 2026 | SpaceX purchase of an 800 MHz spectrum portfolio | M&A Announced | Not disclosed |
| 14 Aug 2026 | SpaceX acquisition of Cursor (Anysphere) | M&A | US$60bn |
| 12 Jun 2026 | SpaceX IPO on Nasdaq | IPO | US$86.25bn |
| 2 Feb 2026 | SpaceX acquisition of xAI | M&A | US$250bn |
| 8 Sep 2025 | SpaceX purchase of EchoStar AWS-4 and H-block spectrum | M&A Announced | US$17bn |
| 20 Jul 2022 | SpaceX equity raise of US$250m | Venture round | US$250m |
Sources
About this record
Record ORB-2026-0027, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
A revolving or term facility is a relationship loan from a bank group, priced at a margin over a reference rate, with financial covenants and an agent.
