--- title: "Jet.AI Invests $5.25 Million in Verso Certificates Tracking SpaceX Preferred Shares" type: "News" locale: "en" url: "https://longbridge.com/en/news/282386805.md" description: "Jet.AI has invested $5.25 million in 8,347 equity certificates issued by Verso, which track SpaceX preferred stock. The investment includes a 5% subscription fee of $250,000, with management and performance fees waived. The agreement was signed on April 7, 2026, and completed on April 8, 2026. The certificates can be redeemed by Verso in cash or kind upon specified events. This move aims to provide Jet.AI with exposure to SpaceX preferred shares." datetime: "2026-04-10T20:33:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282386805.md) - [en](https://longbridge.com/en/news/282386805.md) - [zh-HK](https://longbridge.com/zh-HK/news/282386805.md) --- # Jet.AI Invests $5.25 Million in Verso Certificates Tracking SpaceX Preferred Shares Jet.AI entered into an Equity Certificates Subscription Agreement to invest in 8,347 Verso-issued equity certificates that track SpaceX preferred stock. The subscription totals $5.25 million, including a 5% subscription fee of $250,000, with management and performance fees waived. The company signed on April 7, 2026 and completed the subscription on April 8, 2026. The certificates are redeemable by Verso in cash or in kind upon specified redemption events. **Agreement details:** - **Agreement type**: Equity Certificates Subscription Agreement for certificates tracking SpaceX preferred stock - **Counterparty**: Verso Capital 2 - **Signed / Effective**: Apr 07 2026 / Apr 08 2026 - **Duration / Termination**: At will - **Reason**: Gain exposure to SpaceX preferred shares Original SEC Filing: Jet.AI Inc. \[ JTAI \] - 8-K - Apr. 10, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [JTAI.US](https://longbridge.com/en/quote/JTAI.US.md) ## Related News & Research - [Jet.AI Q1 revenue falls, sees flyExclusive merger close in Q2](https://longbridge.com/en/news/286567469.md) - [MATTHEWS INTERNATIONAL ANNOUNCES PARTIAL REDEMPTION OF PREFERRED EQUITY INTEREST IN PROPELIS | MATW Stock News](https://longbridge.com/en/news/286961157.md) - [1 surprising way Oklo could benefit from the looming SpaceX IPO](https://longbridge.com/en/news/286652457.md) - [This stock is a backdoor play on the SpaceX IPO—and it has plenty more upside](https://longbridge.com/en/news/286924869.md) - [SpaceX accelerates IPO to June with $2 trillion target](https://longbridge.com/en/news/286617855.md)