SpaceX clears 5-for-1 split ahead of Nasdaq IPO

On May 15, 2026, a majority of SpaceX shareholders approved a 5-for-1 split of the company’s common stock, according to Bloomberg News. The move followed a recommendation from the company’s board and is a key step in the firm’s broader capital markets plans.

Under the approved split, each existing SpaceX share will be divided into five shares. This corporate action is designed to adjust the number of shares outstanding while keeping the company’s overall equity value unchanged at the time of the split.

The stock split is scheduled to be processed during the week of May 18, with completion expected by May 22. This sets a defined short-term timetable for the adjustment of shareholder positions and internal share accounting.

Following the decision, the fair market value of SpaceX stock has been adjusted from $526.59 per share to approximately $105.32 per share. The new reference price reflects the 5-for-1 split ratio and will guide how shares are valued once the split is fully implemented.

These changes in share count and per-share value are administrative in nature and do not, by themselves, alter the aggregate value of the company. They do, however, establish a revised price framework ahead of the company’s planned public listing.

SpaceX is preparing for an initial public offering and aims to list its shares on the Nasdaq as early as June 12, 2026. The listing plan follows the stock split approval and is part of the company’s effort to access public equity markets.

In connection with the planned IPO, SpaceX is targeting a capital raise of about $75 billion. At that level, the transaction would value the company at roughly $1.75 trillion, positioning it for what has been described as a potentially record-setting stock market flotation.

The proposed Nasdaq listing date and fundraising goals place the stock split within a wider sequence of steps intended to prepare SpaceX’s capital structure and valuation metrics for public investors.

Aligning the stock split with a forthcoming IPO allows SpaceX to enter the public market with a lower per-share trading price and a larger number of shares. The revised fair market value of $105.32 provides a clearer pricing benchmark for prospective investors.

The combination of shareholder approval, a defined processing window for the split, and a targeted June 12 Nasdaq listing date outlines a compressed schedule for SpaceX’s transition toward public ownership at a multi-trillion-dollar valuation level.