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Co-investment opportunity in SpaceX — the world's leading private space and satellite company, combining launch dominance, Starlink's global connectivity business, and next-generation exploration capabilities.
Structure
The investment targets Class A ordinary shares of SpaceX, structured as a securitised note held in a standard bank securities account and subscribed through your custodian bank. Delivery of the underlying shares is guaranteed to the Bridgeline compartment, and the investment is held as an identifiable financial instrument custodied at your institution.
IPO & Lock-Up
SpaceX has filed its Form S-1 with the SEC. The IPO is envisaged for mid-June 2026 at a target valuation of approximately USD 1.75 trillion, subject to market conditions. The S-1 includes a staggered lock-up — unlike a standard 180-day full block, it may allow progressive share releases post-IPO: up to 20% after the first quarterly publication, a potential additional 10% subject to performance criteria, then further releases until final expiry at 180 days. This mechanism may progressively facilitate liquidity for note investors, subject to final note conditions.
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This opportunity is now closed. The subscription period ended on 5 June 2026. Investors who have already committed will be contacted separately regarding next steps and settlement. For any queries regarding your allocation, please reach out to us directly.
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