A SpaceX stock split has been given the green light by the company’s shareholders, clearing another hurdle on the path to what could become the largest public offering in market history. According to a Bloomberg News report, a majority of SpaceX shareholders have approved a 5-for-1 split of the company’s common stock, a move recommended by its board of directors.

What the Stock Split Does

The mechanics are straightforward. In a 5-for-1 split, every existing share is divided into five, which lowers the price of each individual share without changing the total value an investor holds.

Shareholders were informed by email that the company’s fair market value per share had been adjusted accordingly — dropping to roughly $105.32 from a pre-split figure of $526.59, according to the report. The split is expected to be processed during the week of May 18 and completed by around May 22.

It’s worth noting that Bloomberg, which broke the story, cited people familiar with the matter, and Reuters said it could not immediately verify the details independently. SpaceX did not respond to requests for comment made outside regular business hours.

Why a Split Matters Before an IPO

The timing is the key part of this story. SpaceX is preparing for an initial public offering, and a lower per-share price tends to make a stock more accessible to everyday investors.

That accessibility appears to be the point. A more affordable share price often broadens the pool of potential buyers, and retail investors — a group Elon Musk has long cultivated through his other company, Tesla — are expected to show strong interest in owning a piece of SpaceX. By splitting the stock now, the company sets the stage for a debut that is easier for smaller investors to participate in.

A Potentially Historic Market Debut

The split is just one piece of a much larger event. Reuters reported that SpaceX, Musk’s rocket and satellite company, is aiming to list its shares as early as June 12, with the Nasdaq selected as the venue for the offering.

The scale being discussed is staggering. According to earlier Reuters reporting, SpaceX is likely to seek to raise around $75 billion at a valuation of roughly $1.75 trillion. If those figures hold, it would rank as the largest stock market flotation ever recorded — a milestone that would place SpaceX among the most valuable companies in the world from day one.

For a company that began as an ambitious bet on reusable rockets, the prospect of a trillion-dollar-plus public debut underscores just how dramatically SpaceX has reshaped the space industry.

A Busy Stretch for the Company

The stock split arrives during an especially active period for SpaceX on the operational side. On Friday evening, the company successfully launched its Cargo Dragon spacecraft on a commercial resupply mission for NASA from Cape Canaveral, continuing its steady cadence of missions for the U.S. space agency.

At the same time, SpaceX is gearing up for the debut of its next-generation Starship — the redesigned Version 3 of its megarocket. That test flight is targeted for no earlier than mid-May from the company’s Starbase facility in South Texas. The updated vehicle is taller than its predecessors and features upgraded engines designed to deliver greater liftoff thrust while reducing weight, part of SpaceX’s long-running push toward fully and rapidly reusable rockets.

Taken together, these developments paint a picture of a company moving fast on multiple fronts — launching missions, testing new hardware and restructuring its shares — all as it heads toward the public markets.

What Investors Should Keep in Mind

For anyone watching the SpaceX IPO closely, the stock split is a meaningful signal. It suggests the company is actively positioning itself for broad investor participation rather than catering only to large institutions.

Still, several details remain fluid. IPO timelines, valuations and fundraising targets can shift, and much of the current reporting relies on unnamed sources. The June listing date, the $75 billion target and the $1.75 trillion valuation are all expectations rather than confirmed outcomes.

The Bottom Line

The approval of the SpaceX stock split is a clear step toward one of the most anticipated market debuts in years. By cutting the per-share price through a 5-for-1 split, SpaceX is making its upcoming offering more approachable for retail investors — the kind of audience Musk has long attracted.

If the IPO proceeds as reported, SpaceX could soon hold the title of the largest public offering in history. For now, though, investors will be watching the week of May 18 closely as the split is processed and the countdown to a potentially record-setting listing continues.

Note: The figures and dates in this article reflect reporting as of mid-May 2026 and are subject to change. This is general information, not financial or investment advice.