diff --git a/setup.py b/setup.py
index 31d7b3c20f..e6fa0bd062 100644
--- a/setup.py
+++ b/setup.py
@@ -8,7 +8,7 @@
     long_description_content_type="text/markdown",
     keywords=["Redis", "key-value store", "database"],
     license="MIT",
-    version="5.0.0b4",
+    version="5.0.0rc1",
     packages=find_packages(
         include=[
             "redis",