diff --git a/lib/consts/consts.go b/lib/consts/consts.go
index 09229130312..b6eb827b6ae 100644
--- a/lib/consts/consts.go
+++ b/lib/consts/consts.go
@@ -9,7 +9,7 @@ import (
 )
 
 // Version contains the current semantic version of k6.
-const Version = "0.49.0"
+const Version = "0.50.0"
 
 // FullVersion returns the maximally full version and build information for
 // the currently running k6 executable.