SpaceX Shareholders Approve 5-for-1 Stock Split
A majority of SpaceX shareholders have approved a 5-for-1 stock split, which will adjust the fair market value from $526.59 to $105.32 per share and is expected to be completed by May 22. The move comes as the company plans an IPO on Nasdaq as early as June 12 with a target valuation of around $1.75 trillion.
Topics: IPO planning SpaceX stock split