diff --git a/wp-includes/http.php b/wp-includes/http.php
index 36922da60e..3356b97162 100644
--- a/wp-includes/http.php
+++ b/wp-includes/http.php
@@ -550,7 +550,7 @@ function wp_http_validate_url( $url ) {
 		} else {
 			$ip = gethostbyname( $host );
 			if ( $ip === $host ) { // Error condition for gethostbyname()
-				$ip = false;
+				return false;
 			}
 		}
 		if ( $ip ) {
diff --git a/wp-includes/version.php b/wp-includes/version.php
index a4f93bdb27..8805c87052 100644
--- a/wp-includes/version.php
+++ b/wp-includes/version.php
@@ -13,7 +13,7 @@
  *
  * @global string $wp_version
  */
-$wp_version = '5.3-beta3-46474';
+$wp_version = '5.3-beta3-46475';
 
 /**
  * Holds the WordPress DB revision, increments when changes are made to the WordPress DB schema.