{"id":135827,"date":"2022-02-19T10:24:17","date_gmt":"2022-02-19T18:24:17","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/02\/elon-musks-spacex-to-split-its-private-stock-10-for-1"},"modified":"2022-02-19T10:24:17","modified_gmt":"2022-02-19T18:24:17","slug":"elon-musks-spacex-to-split-its-private-stock-10-for-1","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/02\/elon-musks-spacex-to-split-its-private-stock-10-for-1","title":{"rendered":"Elon Musk\u2019s SpaceX to split its private stock 10-for-1"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/elon-musks-spacex-to-split-its-private-stock-10-for-1.jpg\"><\/a><\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/elon-musk\/\">Elon Musk\u2019s<\/a> SpaceX is splitting the value of its common stock 10-for-1, CNBC has learned, with the company\u2019s valuation having <a href=\"https:\/\/www.cnbc.com\/2021\/10\/08\/elon-musks-spacex-valuation-100-billion.html\">soared to more than $100 billion<\/a>.<\/p>\n<p>The split means that for each share of SpaceX stock owned as of Thursday, a holder now has 10 shares after the conversion. With SpaceX valued at $560 a share during its most recent sale, the split reduces SpaceX\u2019s common stock to $56 a share, according to a company-wide email obtained by CNBC.<\/p>\n<p>\u201cThe split has no impact on the overall valuation of the company or on the overall value of your SpaceX holdings,\u201d the email said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk\u2019s SpaceX is splitting the value of its common stock 10-for-1, CNBC has learned, with the company\u2019s valuation having soared to more than $100 billion. The split means that for each share of SpaceX stock owned as of Thursday, a holder now has 10 shares after the conversion. With SpaceX valued at $560 a [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2019,1514],"tags":[],"class_list":["post-135827","post","type-post","status-publish","format-standard","hentry","category-elon-musk","category-space-travel"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/135827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=135827"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/135827\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=135827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=135827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=135827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}