SpaceX notified its investors it will execute a 5-for-1 stock split to reduce the price per share before its upcoming initial public offering (IPO) [1, 2, 3, 4]. The split will adjust the fair market value per share from about US$526.59 to US$105.32 [1, 2, 3, 4]. The stock split process is scheduled to begin during the week of May 18 and is expected to be completed by May 22, 2026 [2, 3, 4].
Following the split, SpaceX plans to file publicly for the IPO as soon as May 20, 2026, with formal marketing of the stock sale set to start by June 4, 2026 [2, 3]. The company aims to price the offering by June 11 and begin public trading of its shares on June 12, likely on Nasdaq [2, 3, 4].
SpaceX has already confidentially filed to go public, seeking to raise approximately US$75 billion, with an estimated valuation between US$1.75 trillion and over US$2 trillion [2, 3, 4]. Sources differ on the exact valuation, with some citing more than US$2 trillion while others estimate around US$1.75 trillion [2, 3, 4]. If targets are met, it would mark the largest IPO in history by fundraising size [2, 3, 4].
SpaceX has not publicly commented on either the stock split or its IPO plans [2, 3, 4]. The move follows a similar path taken by Tesla, also led by Elon Musk, which conducted stock splits in August 2022 and two years earlier [2, 3].
Investors should expect the stock split to be finalized by May 22, with key IPO actions following rapidly, including the public filing around May 20 and stock marketing starting June 4 [2, 3, 4]. Pricing and trading could commence by June 11 and 12, respectively [2, 3, 4].
