diff --git a/pkgs/by-name/sp/spacer/package.nix b/pkgs/by-name/sp/spacer/package.nix
index 16b5af06e42a..0aff7424ff30 100644
--- a/pkgs/by-name/sp/spacer/package.nix
+++ b/pkgs/by-name/sp/spacer/package.nix
@@ -6,16 +6,16 @@
 
 rustPlatform.buildRustPackage rec {
   pname = "spacer";
-  version = "0.4.5";
+  version = "0.5.0";
 
   src = fetchFromGitHub {
     owner = "samwho";
     repo = "spacer";
     rev = "v${version}";
-    hash = "sha256-GG9v6N7bJN7kYEQRqRIDgPPT0gGJ6LSSr8NWBDKsajo=";
+    hash = "sha256-OryVQmecb8BgnEKeSvAQha+uiv+aZd2Q41T9tZTcWaI=";
   };
 
-  cargoHash = "sha256-sWE0nFFVAUcCgW6R3BWBdSqn1QMRI8tKnuxX4gpRdvA=";
+  cargoHash = "sha256-sFsERAvR99BZm7SmaL/5cmCrwVZIKGRiFYcBtSryFaw=";
 
   meta = with lib; {
     description = "CLI tool to insert spacers when command output stops";