SpaceX shareholders approve 5-for-1 stock split ahead of Nasdaq IPO: Report
A majority of SpaceX shareholders have approved a 5-for-1 stock split recommended by the company’s board, Bloomberg News reported on Friday, citing people familiar with the matter.
Shareholders of IPO-bound SpaceX were informed via email that the stock’s fair market value was adjusted to $105.32 per share from $526.59 following the split, the report said.
