Breaking: SpaceX announces 1-for-5 stock split approval, valuation hits $1.75 trillion, IPO countdown begins On May 15, 2026 (Eastern Time), SpaceX shareholders unanimously approved the groundbreaking plan for a 1:5 common stock split and full conversion of Class C shares to Class A shares. The plan automatically took effect on May 4, clearing all obstacles for the Nasdaq IPO in June. ✅ Key Data (Quick Overview) • Before split: $526.59/share, high threshold discouraging retail investors • After split: $105.32/share ($526.59 ÷ 5), share count ×5, total value unchanged • Major equity shift: 100% Class C shares (employees/early shareholders) → Class A shares (1 vote/share), fully unified equity structure • Control remains solid: Musk’s Class B shares (10 votes/share) unchanged, holding 42.5% of shares and controlling 83.8% of voting rights, maintaining absolute dominance post-IPO IPO Highlights (Largest in History) • Target valuation: $1.75 trillion, surpassing Apple and Amazon’s market cap at the same stage • Fundraising scale: $75-80 billion, 2.5× Saudi Aramco’s $29.4 billion, setting a new global record • Listing timeline: June roadshow, trading begins on the 12th (ticker: SPCX), Nasdaq’s grand finale for the year • Business strength: 2025 revenue projected at $15-16 billion, with Starlink contributing over 70%, strong cash flow Deeper Logic (Why Split Now) 1. Lowering barriers, boosting liquidity: Stock price reduced to the $100 range, attracting massive retail investors and enhancing post-IPO liquidity 2. Streamlining structure for compliance: Eliminating legacy Class C shares, aligning Class A shares with public markets, simplifying IPO review 3. Securing control, preventing dilution: Class B super voting shares lock in decision-making power, avoiding post-IPO capital interference 4. Upgrading employee incentives: Class C to A conversion + share count doubling, skyrocketing employee equity value, aligning long-term interests One-Sentence Summary 1-for-5 split lowers barriers, Class C to A streamlines structure, Class B secures control—$1.75 trillion valuation + $80 billion fundraising, SpaceX’s epic IPO lands in June, Musk ushers in space capital dominance! The giant is here, small-cap stocks are about to get drained!