SpaceX shareholders have approved a 5-for-1 stock split, a move that comes as the company accelerates preparations for what could become one of the largest IPOs in history. According to reports, investors were informed that the split would reduce the fair market value of each share from approximately $526.59 to about $105.32.
The stock split is expected to be processed during the week of May 18 and completed by May 22. Analysts note that the lower per-share price could make SpaceX shares more accessible to a broader range of retail and institutional investors ahead of its anticipated Nasdaq debut.
Reports indicate that SpaceX is targeting a Nasdaq listing as early as June 12 under the ticker symbol “SPCX.” The company is reportedly planning to publicly release its prospectus next week, with a roadshow expected to begin around June 4 and share pricing potentially taking place on June 11.
SpaceX is reportedly seeking to raise approximately $75 billion at a valuation near $1.75 trillion, which would make it potentially the largest stock market debut ever recorded. The IPO is expected to headline a broader wave of major technology and AI-related listings anticipated in 2026.
The company, founded by Elon Musk in 2002, has evolved into one of the world’s most influential aerospace and satellite companies through projects including Falcon rockets, Starlink satellite internet services, Starship, and national defense-related space infrastructure.
At the same time, the anticipated IPO has also drawn scrutiny around SpaceX’s governance structure and Elon Musk’s level of control over the company. Earlier this week, leaders of major public pension funds in New York and California criticized SpaceX’s governance framework, describing it as unusually favorable to management and expressing concerns over shareholder protections.
Investor enthusiasm around SpaceX remains extremely strong despite those concerns. Recent reports showed that global investment giant Brookfield committed approximately $2 billion into SpaceX ahead of the IPO, reflecting continued confidence in the company’s long-term growth potential and strategic importance in space infrastructure and AI-related technologies.
The IPO preparations also coincide with ongoing expansion across SpaceX’s broader ecosystem. The company is preparing for the next Starship test flight later this month while simultaneously scaling Starlink, satellite infrastructure, AI compute ambitions, and deep-space exploration initiatives tied to Musk’s long-term goal of building a multi-planetary civilization.
