SpaceX Launches 1-for-5 Stock Split on May 18, Reducing Per-Share Price to $105.32

GateNews

According to PANews, SpaceX formally launched a 1-for-5 stock split on May 18, reducing the per-share valuation from $526.59 to approximately $105.32 ahead of its anticipated initial public offering. The company notified all shareholders via email, with the stock split expected to complete by May 22. The move is intended to lower the per-share IPO price.

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