Starship 39 stands at the Massey Test Site, the SpaceX rocket testing facility, as preparations continue for the 12th test flight of the Starship spacecraft and the Super Heavy booster in Starbase, Texas, US, May 15, 2026. — Reuters pic (New users only) It's tax relief season! Get up to RM300 when you save with Versa! Plus, enjoy an additional FREE RM10 when you sign up using code VERSAMM10 with a min. cash-in of RM100 today. T&Cs apply. Saturday, 16 May 2026 3:26 PM MYT CALIFORNIA, May 16 — A majority of SpaceX shareholders have approved a 5-for-1 stock split recommended by the company’s board, Bloomberg News reported yesterday, 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 US$105.32 (RM415.96) per share from US$526.59 (RM2,079.77) following the split, the report said.The stock split will be processed during the week of May 18 and is expected to be completed by May 22, Bloomberg reported.Reuters exclusively reported on yesterday that Elon Musk’s rocket and satellite maker SpaceX is aiming to list its shares as early as June 12 and has picked the Nasdaq as the trading venue for its blockbuster market debut.The company is likely to seek to raise about US$75 billion at a valuation of roughly US$1.75 trillion, which would make it the largest stock market flotation of all time, Reuters has previously reported.SpaceX did not immediately respond to a request for comment outside regular business hours. — Reuters