Insiders: SpaceX shareholders approve a 1-for-5 stock split plan

According to Sina Finance, multiple informed sources have revealed that the majority of SpaceX shareholders have voted to approve the board's proposal for a 1-for-5 stock split for this private company, while converting all Class C common stock into Class A common stock. This plan officially took effect automatically on May 4, 2026, local time.

Informed sources stated that shareholders have received email notifications, and after the stock split is completed, the fair market price per share will be adjusted from the previous $526.59 to approximately $105.32.

SpaceX emphasized in the notification that this stock split aims to proportionally adjust the price per share and increase the number of shares held by shareholders, without changing the overall value of the company or the total value of the shares held by shareholders.