SpaceX to conduct a 10:1 stock split The split means that each ordinary share of SpaceX stock is converted into ten new securities.
During the last round of financing, one share of SpaceX was
valued at $560. After the conversion, one security of the company will be
valued at $56, respectively.
The stock split won't affect the market value of the company or the value of assets held by shareholders and
makes no fundamental changes.