Overview
This ‘US$10 SpaceX Promotion’ (Australia is conducted solely by Stakeshop Pty Ltd (ABN 99 610 105 505) as the Promoter in its capacity as the Corporate Authorised Representative (AR Number 124 1398) of Stakeshop AFSL Pty Ltd (ABN 39 653 777 336)(AFSL Number 548196). Collectively referred to as Stake, we, our and us. The Promotion provides eligible new customers to Stake with the opportunity to receive USD$10 worth of fractional interest in SpaceX security (or cash equivalent where applicable) after they satisfactorily complete all onboarding and AML/KYC, open their Stake Account and fund their Stake Wall St account using payment methods provided by Stake within Stake’s platform and fulfil all 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 12:00 am (AEST) on Monday 8 June 2025 and ending at 11:59pm (AEST) on 30 June 2026. This document sets out the Promotion Terms and Conditions.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.
Stake Promotion and no Affiliation, Endorsement or Association
This Promotion will run from 12:00 am (AEST) on Monday 8 June 2025 to 11:59pm (AEST) on 30 June 2026 (Promotion Period). The reward will be processed within 14 days after the end of the promotion period (i.e. by 11:59pm (AEST) on 14 July 2026)(Reward Allocation Date).
The Promoter (including its directors, officers, employees, representatives, agents, related bodies corporate, service providers, partners, contractors, subcontractors, etc) is not sponsored, endorsed, affiliated, associated, supported, approved, authorised, licenced, partnered with, represented by or otherwise connected in any way with Space Exploration Technologies Corp (SpaceX), its related body corporates, the SpaceX IPO, any other third parties.
Nothing in this Promotion is intended to suggest, imply or create any sponsorship, endorsement, recommendation, approval, affiliation, association, partnership, joint venture, agency, representative relationship, licence arrangement, commercial relationship or other connection of any kind between the Promoter and any such person or entity.
Participant in and receiving the promoted reward does not confer on any participant any right to represent that they are affiliated with, endorsed by, sponsored by, authorised by, acting on behalf of or otherwise connected with the Promoter or any third party referred to in this Promotion.
Any references to third parties, brands, trademarks, products, services, venues, events, organisations, platforms, etc are for identification and descriptive purposes only.
All trademarks, trade names, logos and other intellectual property remain the property of their respective owners.
Reward in this Promotion
The promotional reward is USD$10 worth of a fractional interest in the SpaceX securities (Reward).
If the individual satisfies and meets all the eligibility criteria within the Promotion Period, Stake will acquire USD$10 worth of a fractional interest in SpaceX stock (or cash equivalent where applicable). This will be allocated to that individual’s personal Stake Wall St account by the Reward Allocation Date. USD$10 of stock will be calculated based on $SPCX’s price at market close 1 July 2026.
This Reward is a fractional security, meaning a partial or factional interest in a whole security, or cash equivalent as the case may be. Holding fractional interest in a security comes with fluctuations in share price. Share prices fluctuate daily and can be volatile assets. Stake is not in any way promoting and/or recommending the security (or part thereof) acquired as part of this Promotion. Stake makes no recommendation, suggestion, opinion, report or combination of these in respect to any interest in SpaceX securities. Persons wishing to partake in this Promotion must consider the relevant account terms and conditions, disclosure documents and make their own assessment before acquiring, holding or disposing of any financial product.
As Stake will acquire the Reward via our US broker-dealer, please ensure you read the Stake Account Terms and Conditions and understand how fractional securities operate within the Stake Wall St account. Please refer to the Stake Privacy Policy to understand how Stake will collect, use, disclose and store personal information for this Promotion and as part of assessing applications for and providing the Stake Account and Stake Services.
For example, as per the Stake Account Terms and Conditions:
Dividends on fractional securities must be greater than or equal to USD$0.01 to be paid to your US brokerage account. Dividends paid in respect of fractional securities are not eligible for dividend reinvestment.
Any fractional share interest in the whole share that is not allocated to your US brokerage account may be retained by the US broker-dealer as principal.
Trading fractional securities involves different risks than trading whole securities. Risks include ineligibility for price improvements on the National Best Bid or Offer that our US broker-dealer can execute at, execution prices maybe higher or lower than at the time you place instructions, loss of voting rights, loss of dividends loss than USD$0.01 and inability to transfer fractional securities.
Please refer to our US broker-dealer fractional disclosure documents, the link is available via the Stake Account Terms and Conditions.
In the event that the SpaceX IPO is delayed beyond the Promotion Period or does not proceed, the USD$10 reward will instead be paid in cash to the individual’s personal Stake Wall St account by the Reward Allocation Date.
Before opening a Stake account and choosing to invest, please read the Stake Account Terms and Conditions, Financial Services Guide (FSG) and Stake Privacy Policy. Free stock or cash rewards may carry tax implications.
Eligibility Criteria
In order to qualify to enter this Promotion, the individual must meet all of the following:
the person must submit a completed application for an individual Stake Account in Australia;
- Between (start time am/pm (AEST) on start date and 11:59pm (AEST) on 30 June 2026, satisfactorily complete all of the following:
- the person must not have previously held a Stake Account;
the person confirms they have read and agrees to the Stake Account Terms and Conditions, Stake Financial Service Guide and Stake Privacy Policy;
the person must satisfactorily complete all required onboarding requirements for the Stake Account, AirWallex services and DriveWealth services. This may require providing certified copies of identity documents and liveliness verification; and
the person must successfully deposit US currency into their Stake Wall St account. This will require they deposit funds into their AirWallex digital wallet, convert their funds AUD into USD currency, and transfer that converted USD currency to their Stake Wall St account.
The person enter the referral code in their application (refer to Program Election section below for more information)
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
Where the individual meets all the eligibility criteria above, they must enter the referral code ‘SPACEX’ after providing their email address at the start of the account opening process.
SpaceX IPO — Contingency
This promotion is intended to deliver the reward in the form of a fractional interest in a SpaceX security by the Reward Allocation Date.
In the event that the SpaceX IPO does not occur, is delayed, or the SpaceX security is otherwise unavailable for acquisition by 1 July 2026, the following applies:
- persons satisfying all the eligibility criteria will receive the reward as a USD cash payment (US$10) deposited directly into their Stake Wall St account
- Cash rewards will be allocated no later than Reward Allocation Date
In such circumstances, Stake will notify these persons, as soon as practicable, of any change to the reward (being USD$10 cash as opposed to the fractional interest of USD$10 in the SpaceX security) via the email address nominated in and linked to their Stake Account and via in-app notification, as soon as reasonably practicable following a determination that the SpaceX IPO does not proceed and/or the fractional interest in the SpaceX security cannot be acquired.
Restrictions
Individuals 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 Promotion.
This Promotion is also not available to:
- Non-individual accounts (including SMSF, Trusts, Company and Minor accounts)
- Individuals who already have an existing Stake Account at any time prior to the commencement of this Promotion.
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.