Overview
The ‘US$10 SpaceX Promotion’ is run by Stakeshop Pty Ltd (Australia & New Zealand). The program provides eligible new customers to Stake with US$10 worth of SpaceX stock (or cash equivalent where applicable) after they fund their Stake Wall St account using payment methods provided by Stake within Stake’s platform and fulfil the promotion eligibility criteria.
Participation in the ‘US$10 SpaceX Promotion’ does not conflict with or negate a customers eligibility for the Stake Free Stock Program (FSP). To participate, Stake customers must agree to these terms (FSP Terms & Conditions), which are in addition to the Stake Terms & Conditions.
The ‘US$10 SpaceX Promotion’ period is defined as the period commencing on the campaign launch date and ending at 11:59pm AEST on 30 June 2026. These Terms & Conditions set out the promotion and the conditions and restrictions of the promotion.
No Affiliation
Stake and its employees are not affiliated with SpaceX or any company or issuer whose stock may form part of this promotion, nor are they affiliated with any exchange on which such securities may be listed or traded.
Eligibility Criteria
In order to qualify for this promotion you must meet all of the following:
- the person must not have previously held a Stake Account;
- the person must complete the application for an individual Stake Account on or after (start date) ;
- the person must satisfactorily complete all required onboarding requirements for the Stake Account, AirWallex services and DriveWealth services by 30/06/2026 ;
- the person must then ensure they make a successful deposit of US currency into their Stake Wall St account by 11:59pm on 30/06/2026. This will require they deposit funds into their Stake Wall St account AirWallex digital wallet, convert the AUD funds into USD currency, and transfer that converted USD currency to their Stake Wall St account
If eligible, US$10 worth of SpaceX stock (or cash equivalent where applicable) will be allocated to the customer’s Stake Wall St account within 14 days of the promotion period, being some time between 1 July to 14 July 2026. US$10 of stock will be calculated based on $SPCX’s price at market close 1 July 2026.
In the event that the SpaceX IPO is delayed beyond the campaign end date or does not proceed, the US$10 reward will instead be paid in cash to the customer’s Stake Wall St account within 14 days of the promotion period, being some time between 1 July to 14 July 2026.
Before opening a Stake account and choosing to invest, please read the relevant terms and conditions and Financial Services Guide (FSG). Free stock or cash rewards may carry tax implications.
For the avoidance of doubt, the following funding gateways are eligible for first funding qualification under this promotion. This list may be updated from time to time.
- Bank transfer
Card funding (fees apply)
Program Election
Once eligible under the Eligibility Criteria, customers would need to ensure they provide the referral code of SPACEX after providing your email address at the start of the account opening process.
SpaceX IPO — Contingency
This promotion is intended to deliver rewards in the form of SpaceX fractional stock following the completion of the Promotion Period. In the event that the SpaceX IPO does not occur, is delayed, or is otherwise unavailable prior to the reward allocation date, the following applies:
Eligible customers will receive their reward as a USD cash payment (US$10) deposited directly into their Stake Wall St account
Cash rewards will be allocated no later than 14 calendar days from 30/06/2026
Stake will notify affected customers of any change to the reward format via the email address registered to their Stake account and via in-app notification, as soon as reasonably practicable following a determination that the SpaceX IPO will not proceed within the Promotion Period.
Restrictions
Customers are not eligible to set up multiple accounts to claim more than one US$10 reward. For the avoidance of doubt, only one claim can be made per person under this program.
This program is also not available to:
- Non-individual accounts (including SMSF, Trusts, Company and Minor accounts)
Customers who already have an existing account with Stake before the promotion period begins
Implications of Holding Stock
Holding fractional shares in a business comes with fluctuations in price. Share prices fluctuate daily and can be volatile assets. Stake is not in any way promoting and/or recommending the stock issued as part of this promotion.
Tax Implications
You may be liable for tax on the value of any stock or cash reward received or any capital gains made when sold. This is dependent on your personal circumstances and you should seek advice from a tax professional.
Severability
If any provision in these terms is held to be invalid, void, or unenforceable, such provision (or the part making it invalid, void or unenforceable) will be struck out and will not affect the validity and enforceability of the remaining provisions.
Termination and Changes
Stake may suspend or terminate the promotion or a customer's ability to participate in the promotion at any time for any reason.
We reserve the right to suspend accounts or remove rewards if we notice any activity we believe is abusive, contrary to Stake’s brand values, fraudulent or in violation of the Stake Terms & Conditions. We reserve the right to review and investigate all promotional activity and to suspend accounts or modify rewards in our sole discretion as deemed fair and appropriate.
The scope, variety and type of services and products that may be obtained through Stake promotions can change at any time.
Legal & Updates to the Terms
These ‘US$10 SpaceX Promotion’Terms & Conditions are governed by and constructed in accordance with the laws of New South Wales, Australia and shall be subject to the jurisdiction of the courts of New South Wales.
We may update these Terms & Conditions at any time without prior notice. If we modify these terms, we will post the updated version on the Stake website and app, which will become effective upon posting. Continued participation in the promotion after any modification constitutes acceptance of such modification.