Bloomberg: SpaceX shareholders approve 5-1 stock split
May 15 (Reuters) - Bloomberg reported on Friday, citing sources familiar with the matter, that a majority of SpaceX shareholders have approved a five-to-one stock split as recommended by the company's board of directors.
The report added that shareholders in the company, which is preparing for an initial public offering, were notified via email that the current fair market value per share had been adjusted from $526.59 to approximately $105.32 after the split.
Reuters has not yet been able to verify the information in the report.
SpaceX has not yet responded to a request for comment sent outside of regular business hours.
