SpaceX shareholders approve 5-for-1 stock split , Bloomberg News reports
SpaceX shareholders approve 5-for-1 stock split , Bloomberg News reports
ReutersSat, May 16, 2026 at 3:22 AM UTC
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1 / 0Starship 39 stands at the Massey Test Site, the SpaceX rocket testing facilityStarship 39 stands at the Massey Test Site, the SpaceX rocket testing facility, as preparations continue for the 12th test flight of the Starship spacecraft and the Super Heavy booster in Starbase, Texas, U.S., May 15, 2026. REUTERS/Steve Nesius
May 15 (Reuters) - A majority of SpaceX shareholders have approved a 5-for-1 stock split recommended by the company's board, Bloomberg News reported on Friday, citing people familiar with the matter.
Shareholders of IPO-bound SpaceX were informed via email that the stock's current fair market value per share was adjusted to about $105.32 from $526.59 following the split, the report added.
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Reuters could not immediately verify the report. SpaceX did not immediately respond to a request for comment outside regular business hours.
(Reporting by Mihika Sharma in Bengaluru; Editing by Muralikumar Anantharaman)
Source: “AOL Money”
