diff --git a/cmd/kind/version/version.go b/cmd/kind/version/version.go
index 946b59a88a..718c65144e 100644
--- a/cmd/kind/version/version.go
+++ b/cmd/kind/version/version.go
@@ -24,7 +24,7 @@ import (
 )
 
 // Version is the kind CLI version
-const Version = "v0.5.0-alpha"
+const Version = "v0.5.0"
 
 // NewCommand returns a new cobra.Command for version
 func NewCommand() *cobra.Command {