SpaceX (SPCX) asset certificates will undergo a 1-for-5 split adjustment; trading will be paused on May 22

Gate News reports that, according to a Gate official announcement on May 22, 2026

Gate will conduct a 1:5 share split adjustment for SpaceX (SPCX) asset vouchers. This adjustment is intended to align with SpaceX’s official 1-for-5 stock split plan, ensuring the value accuracy of the underlying asset mapping relationship and market liquidity.

Gate will suspend pre-market trading of SPCX on May 22, 2026 at 10:00 (UTC+8), then conduct an asset snapshot and issue split vouchers. For example, users holding 10 SPCX will receive 40 new vouchers after the split, bringing their total holdings to 50 vouchers. Before and after the split, one SPCX asset voucher continues to map to 1 share of the newly issued SpaceX stock after the split.

The total value of users’ SPCX assets remains the same before and after the split. The pre-market trading price for each individual voucher will be adjusted to one-fifth of the original, but because the number of holdings increases by 5 times in parallel, the total asset value remains unchanged. Gate will resume trading after confirming that all users’ split vouchers have been issued; the specific time will be announced separately.