Rubber Tree (Ficus elastica) Air Layering: Reduce Height and Propagate

Identification

Your "palm" is a rubber tree (Ficus elastica). Confirm via Google images.

Air Layering Steps

1. Choose a point on the trunk where you want the new plant to start.
2. Make a 1-inch upward cut ⅓ through the stem; insert a toothpick to keep it open.
3. Wrap with damp sphagnum moss, cover with plastic, seal ends.
4. Keep moss moist (turkey baster). Roots appear in 8–10 weeks.
5. Cut below the rooted zone, pot in fresh mix, water, drain saucer after 1 hour.

Parent Plant Aftercut

Cut the remaining trunk ~1 foot above soil. It may sprout 1–5 new shoots. Keep 1–2 for best form.

Universal Rule

No houseplant likes sitting in a water-filled saucer. Empty within 1 hour of watering.