SpaceX Sets 5-for-1 Stock Split Ahead of IPO, Bloomberg Reports
TL;DR Summary
SpaceX shareholders approved a 5-for-1 stock split ahead of its IPO, with Bloomberg reporting an adjusted per-share value of about $105.32 (down from roughly $526.59 pre-split); Bloomberg could not immediately verify the terms, and SpaceX did not comment. The move comes as SpaceX remains active, including the CRS-34 Cargo Dragon mission to the ISS and preparations for Starship Version 3, targeted for a flight no earlier than May 19.
- SpaceX shareholders approve 5-for-1 stock split ahead of IPO, reports Bloomberg Investing.com
- SpaceX heads into IPO with 'deepest moat that exists' as investors vow to 'never bet against Elon' Fortune
- Elon Musk Says He Isn’t Selling His SpaceX Shares as IPO Looms Yahoo Finance
- SpaceX shareholders approve 5-for-1 stock split, Bloomberg News reports Reuters
- Jim Cramer fears SpaceX's IPO could be 'destructive' for the rest of market CNBC
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