YOU CANNOT TAKE ADVANTAGE OF ANY CONCURRENT PROMOTIONS, INCENTIVES OR PROMOTIONAL CODES. YOU MUST APPLY THE PROMOTIONAL CODE “SPACEXSHARES” OR HAVE BEEN CONTACTED DIRECTLY BY IG TO PARTICIPATE IN ORDER TO RECEIVE THIS PROMOTION.
KEY DETAILS
Terms and conditions
1. These terms and conditions apply to the SpaceX Bonus Shares Promotion ("the Promotion"). By participating in the Promotion, you agree to be bound by these Terms and Conditions as well as the Customer Agreement for your IG account. If any provision of these Terms and Conditions conflicts with any provision of the Customer Agreement, the Customer Agreement shall prevail.
2. The Promotion is organised by IG Trading and Investments Limited, authorised and regulated by the Financial Conduct Authority (register number 944492) and whose registered address is Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA ("we", "us", "IG" or "our").
3. The promotional period will start at 00:00 UK time on 1 July 2026 and end at 23:59 on 31 July 2026 ("Promotional Period"). We may extend or shorten the Promotional Period at our sole discretion.
4. Definitions
In these Terms and Conditions:
“Average Invested Value” means, in respect of the Holding Period, the sum of the daily closing value of Net Investments on the Promotion Account for each calendar day in the Holding Period, divided by the total number of calendar days in the Holding Period;
"GIA" means a UK General Investment Share Dealing account with IG;
"Holding Period" means the period from the end of the Promotional Period to 23:59 on 31 October 2026;
“IPO-related Instruments” means any security that IG designates as an IPO market, including shares acquired through IG's IPO allocation service during the IPO subscription, grey market or conditional dealing period.
"ISA" means a UK Individual Savings Account with IG;
“Net Investment” means the aggregate value of investment purchases on the Promotion Account during the Promotional Period less the aggregate value of any sales of investments from the Promotion Account during the Promotional Period (and for the avoidance of doubt, transfers of assets to IG from a third party shall NOT constitute a Net Investment for the purpose of this Promotion);
"Promotion Account" has the meaning given to it in Clause 5 and, for the avoidance of doubt, if more than one Share Dealing Account is opened the Promotion Account will be the one on which the first Qualifying Investment is made;
“Qualifying Investment” means an investment on a Share Dealing Account such that the Net Investment on that account is £300 or more at the end of the Promotional Period;
"SIPP" means a Self-Invested Personal Pension with IG;
“Share Bonus” means the randomly allocated bundle of SpaceX shares awarded to an eligible participant, with a value between £30 and £1,000 depending on the tier randomly allocated to that participant;
"Share Dealing Account" means a GIA, ISA or SIPP; and
5. Eligibility conditions
You must satisfy all of the following conditions to participate in the Promotion:
A. Be a UK resident and aged 18 years or older; and
B. Either:
i) If you are a new IG client with no previous IG account, open a Share Dealing Account using the promotional code "SPACEXSHARES" during the Promotional Period; or
ii) If you are an existing client of IG who has been contacted directly by IG and invited to participate, open a Share Dealing Account during the Promotional Period if you do not already hold an existing Share Dealing Account (in which case no promotional code is required);
C. Make a Qualifying Investment on that Share Dealing Account (your "Promotion Account") during the Promotional Period; and
D. Maintain an Average Invested Value of at least £300 during the Holding Period.
6. A reduction in the value of your investments in the Promotion Account below £300 shall not disqualify you from receiving the Share Bonus under this Promotion, provided that: (a) you made a Qualifying Investment of at least £300 during the Promotional Period; and (b) such reduction is attributable solely to movements in the market value of your investments and not to any withdrawal or sale of those investments by you.
7. If you open more than one Share Dealing Account under this Promotion, your Promotion Account will be the first Share Dealing Account on which your Qualifying Investment is made.
8. Investments and trades made in IPO-related Instruments are excluded from this Promotion. Such investments will not count towards any qualifying threshold under this Promotion, including the minimum Net Investment.
9. If you are eligible for the Promotion and satisfy the Promotion's conditions, we will give you an allocation of SpaceX shares up to a value of £1,000. The value of the Share Bonus you receive will be randomly selected in accordance with the share values stated in Table 2 below; the share values have a weighted probability of being selected as indicated in the table.
Table 1 – Eligible Shares
Company Name |
Ticker |
Exchange |
Space Exploration Technologies Corp. |
SPCX |
NASDAQ |
Shares Value |
Probability |
£30 |
70% |
£60 |
20% |
£100 |
7% |
£500 |
2% |
£1,000 |
1% |
Example: Promotional Period (1 July – 31 July 2026). A client buys £400 of SpaceX shares. The client sells £100 of those shares during the Promotional Period, leaving a Net Investment of £300. The client meets the Qualifying Investment threshold and must then maintain an Average Invested Value of at least £300 throughout the Holding Period.
Example: Holding Period (1 August 2026 – 31 October 2026). A client holds a position with an Average Invested Value of £300 or more until 31 October 2026. The client is eligible for the Share Bonus.
As the value of shares goes up and down according to the market, any combination of them may not equal the value band upper limit; the Share Bonus you receive may therefore be slightly more or less than the values stated. You shall not be entitled to any cash adjustment in the event the allocation of shares results in you receiving less than the band value indicated above. Furthermore, you are only eligible for one Share Bonus, even if you open multiple Share Dealing Accounts of different types during the Promotional Period or have a minimum investment portfolio value of £300 in each different Share Dealing Account type.
10. The shares that you receive as part of the Share Bonus will be credited to your GIA. They will not be credited to any other category of Share Dealing Account even if your Qualifying Investment was not made into your GIA. We will do this by 30 November 2026.
Example:
Make a Qualifying Investment of at least £300 by 31 July 2026. Maintain an Average Invested Value of £300 or more in your Share Dealing Account until 31 October 2026. Share Bonus will be credited to your GIA by 30 November 2026.
11. The shares you receive as part of the Share Bonus are US incorporated and therefore will be denominated in your account in USD; the value of them shall be subject to the exchange rate we apply on the date they are credited to your GIA. You must complete and submit a valid W-8BEN form (or other applicable US tax documentation) to IG by 31 October 2026. Information on how to submit your W-8BEN Form is available at https://www.ig.com/uk/us-stocks-irs-tax-forms#client. The W-8BEN form certifies your non-US tax residency status and is required under US tax regulations for you to receive tax treaty benefits. If you do not provide the required documentation by this deadline, we reserve the right to withhold the Share Bonus from your account and your entitlement to the Promotion shall lapse. IG will not be responsible for any failure by you to submit the W-8BEN Form in time.
12. In accordance with the Customer Agreement for your Share Dealing Account, you may be liable for fees and charges in respect of the shares you receive as part of the Share Bonus (for example, a foreign exchange fee). You can find our share dealing fees at: https://www.ig.com/uk/investments/share-dealing/costs-fees
13. You may not take advantage of concurrent promotions, incentives or promotional codes offered by IG or IG group, unless the terms and conditions for the relevant promotion specify otherwise. If you participate in multiple promotions simultaneously, you shall be deemed eligible only for the one you began to participate in first.
14. You must be a direct client of IG. If you have any third-party introduction or introduction-type arrangement with IG or any IG group company, any accounts opened thereunder will not qualify for the Promotion.
15. All accounts are subject to our standard account opening criteria and accounts are available subject to certain jurisdictional restrictions; as such, not all applicants will be successful in their application for an account.
16. If any restrictions apply to your account, your account may not be eligible for the Promotion until the restrictions have been lifted. Any restrictions that apply to a new account will be detailed in the email to the account holder upon account activation.
17. The Promotion is not open to employees of IG or IG group or employees of any other company engaged in direct competition with IG or any IG group company.
18. The Promotion and any obligations of IG pursuant to it will be revoked or withdrawn from participants who abuse the spirit or intention of it. We reserve the right to cancel or withdraw the Promotion at any time for any reason, including, but not limited to, in case of any suspected abuse of the Promotion. Further, where any of these Terms and Conditions are breached, if we believe that any of the terms of your Customer Agreement with us have been breached in any way, you no longer have an account with IG or there is any reason to suspect a participant has acted fraudulently or obtained an unfair or unintended advantage pursuant to this Promotion, we reserve the right to stop, withhold or cancel payment of the Share Bonus.
19. We are the sole arbiter of the Promotion, these Terms and Conditions and any other issues arising under this Promotion. Exceptions to these Terms and Conditions are at the sole discretion of IG's management, and our decision is final. We reserve the right to alter, amend or terminate the Promotion or any aspect of it (including the Terms and Conditions) at any time and without prior notice.
20. We will not be held liable for any losses incurred by you as a result of your trading or in relation to this Promotion except where such loss is a result of our negligence or wilful misconduct. All trading involves risk. The value of shares, ETFs and ETCs can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Please ensure you fully understand the risks and take care to manage your exposure.
21. We will not be held liable for your inability to satisfy the eligibility requirements of the Promotion or ability to trade as the result of any technical malfunction of the internet, IG's trading platform, or your own computing system. You accept all risks associated with trading over the internet, mobile applications, and downloadable software.
22. Any dispute or situation not covered by these Terms and Conditions will be resolved by IG's management in a manner it deems to be fairest to all concerned and that decision will be final and binding on all parties.
23. If at any time all or any part of any provision of these Terms and Conditions are or become illegal, invalid or unenforceable in any respect under the law of any jurisdiction, such provision(s) will not affect or impair the legality, validity or enforceability in that jurisdiction of the remainder of that provision or all other provisions of these Terms and Conditions or the legality, validity or enforceability under the law of any other jurisdiction of that provision or all other provisions of these Terms and Conditions.
24. If any tax is payable on the shares you receive under this Promotion, this tax will be your liability and will not be incurred by us. If the law requires us to withhold this tax and settle with the relevant tax authority on your behalf, then we shall credit the shares to your account net of this tax.
25. For more information on how IG may use your data, see our Privacy Notice, Access Policy and privacy website at https://www.ig.com/uk/privacy.
26. These Terms and Conditions will be governed by and construed in accordance with English law and will be subject to the exclusive jurisdiction of the courts of England and Wales.