SpaceX shareholders approve 5-for-1 stock split ahead of IPO, reports Bloomberg

    https://finance.yahoo.com/markets/stocks/articles/spacex-shareholders-approve-5-1-075055977.html

    Posted by Super_Stickman13

    18 Comments

    1. sun_not_cold on

      > that the stock’s current fair market value per share was adjusted to approximately $105.32, down from its previous pre-split valuation of $526.59, the report added

    2. Pulling out all the tricks for this overvalued piece of shit just to keep the richest man alive even richer… sad world we live in

    3. 1Enthusiast on

      How TF can they split it before it hits the market?! Gawd I hope my target fund doesnt have this shit

    4. lucaiamurfather on

      Retail is the exit liquidity. The urgency to get this listed is to get ahead of ASTS launching their network that blows their D2D product out of the water and Amazon getting their product rolling.

    5. Reasonable-Tank-3421 on

      God damn I would love to keep dunking on our local bears but everything I hear about this screams like Musk is trying to hit an Indiana Jones power slide under the closing door while snatching his hat at the last second.

    6. So this is when money flows out and into the other stocks in the space sector?

      I don’t understand my own question.

    7. Playgirl_USMC on

      All my friends that went to SpaceX after we left the Marines are about to be rich. I wish I would have went with them. They’ve been getting company stock issued to them for years.

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