diff --git a/CHANGELOG.md b/CHANGELOG.md
index 24659e0d240..50b82ff7b9a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -70,7 +70,7 @@ Finally, a new `Kernel.to_timeout/1` function has been added, which helps develo
 Process.send_after(pid, :wake_up, to_timeout(hour: 1))
 ```
 
-## v1.17.0-dev
+## v1.17.0-rc.0 (2024-05-24)
 
 ### 1. Enhancements
 
diff --git a/VERSION b/VERSION
index ee8855caa4a..d2466b0cc93 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.17.0-dev
+1.17.0-rc.0
diff --git a/bin/elixir b/bin/elixir
index 87b7df20130..e13418388bb 100755
--- a/bin/elixir
+++ b/bin/elixir
@@ -1,7 +1,7 @@
 #!/bin/sh
 set -e
 
-ELIXIR_VERSION=1.17.0-dev
+ELIXIR_VERSION=1.17.0-rc.0
 
 if [ $# -eq 0 ] || { [ $# -eq 1 ] && { [ "$1" = "--help" ] || [ "$1" = "-h" ]; }; }; then
   cat <<USAGE >&2
diff --git a/bin/elixir.bat b/bin/elixir.bat
index 13580fa5e5c..71280381967 100644
--- a/bin/elixir.bat
+++ b/bin/elixir.bat
@@ -1,6 +1,6 @@
 @echo off
 
-set ELIXIR_VERSION=1.17.0-dev
+set ELIXIR_VERSION=1.17.0-rc.0
 
 if    ""%1""==""""                if ""%2""=="""" goto documentation
 if /I ""%1""==""--help""          if ""%2""=="""" goto documentation