diff --git a/docs/config/README.md b/docs/config/README.md
index b910229a..c4007aa1 100644
--- a/docs/config/README.md
+++ b/docs/config/README.md
@@ -3407,7 +3407,7 @@ To enable it, set `disabled` to `false` in your configuration file.
 | `recognize_signal_code`     | `true`                                                                        | Enable signal mapping from exit code                                  |
 | `map_symbol`                | `false`                                                                       | Enable symbols mapping from exit code                                 |
 | `pipestatus`                | `false`                                                                       | Enable pipestatus reporting                                           |
-| `pipestatus_separator`      | <code>&vert;</code>                                                           | The symbol used to separate pipestatus segments                       |
+| `pipestatus_separator`      | <code>&vert;</code>                                                           | The symbol used to separate pipestatus segments (supports formatting) |
 | `pipestatus_format`         | `'\[$pipestatus\] => [$symbol$common_meaning$signal_name$maybe_int]($style)'` | The format of the module when the command is a pipeline               |
 | `pipestatus_segment_format` |                                                                               | When specified, replaces `format` when formatting pipestatus segments |
 | `disabled`                  | `true`                                                                        | Disables the `status` module.                                         |
diff --git a/src/modules/status.rs b/src/modules/status.rs
index c202eea7..e14afd6a 100644
--- a/src/modules/status.rs
+++ b/src/modules/status.rs
@@ -55,22 +55,30 @@ pub fn module<'a>(context: &'a Context) -> Option<Module<'a>> {
     }
 
     let segment_format = config.pipestatus_segment_format.unwrap_or(config.format);
+    let segment_format_with_separator = [segment_format, config.pipestatus_separator].join("");
 
     // Create pipestatus string
     let pipestatus = match pipestatus_status {
         PipeStatusStatus::Pipe(pipestatus) => pipestatus
             .iter()
-            .map(
-                |ec| match format_exit_code(ec.as_str(), segment_format, None, &config, context) {
-                    Ok(segments) => segments
-                        .into_iter()
-                        .map(|s| s.to_string())
-                        .collect::<String>(),
-                    Err(_) => "".to_string(),
-                },
-            )
-            .collect::<Vec<String>>()
-            .join(config.pipestatus_separator),
+            .enumerate()
+            .filter_map(|(i, ec)| {
+                format_exit_code(
+                    ec.as_str(),
+                    if i == pipestatus.len() - 1 {
+                        segment_format
+                    } else {
+                        &segment_format_with_separator
+                    },
+                    None,
+                    &config,
+                    context,
+                )
+                .ok()
+                .map(|segments| segments.into_iter().map(|s| s.to_string()))
+            })
+            .flatten()
+            .collect::<String>(),
         _ => "".to_string(),
     };
 
@@ -225,7 +233,7 @@ fn status_signal_name(signal: SignalNumber) -> Option<&'static str> {
 
 #[cfg(test)]
 mod tests {
-    use nu_ansi_term::Color;
+    use nu_ansi_term::{Color, Style};
 
     use crate::test::ModuleRenderer;
 
@@ -708,4 +716,37 @@ mod tests {
             .collect();
         assert_eq!(expected, actual);
     }
+
+    #[test]
+    fn pipestatus_separator_format() {
+        let pipe_exit_code = &[0, 1, 2];
+        let main_exit_code = 2;
+
+        let expected_style = Style::new().on(Color::Red).fg(Color::White).bold();
+        let expected = Some(format!(
+            "{}{}{}{}{}{}{}",
+            expected_style.paint("["),
+            expected_style.paint("0"),
+            expected_style.paint("|"),
+            expected_style.paint("1"),
+            expected_style.paint("|"),
+            expected_style.paint("2"),
+            expected_style.paint("] => <2>"),
+        ));
+        let actual = ModuleRenderer::new("status")
+            .config(toml::toml! {
+                [status]
+                format = "\\($status\\)"
+                style = "fg:white bg:red bold"
+                pipestatus = true
+                pipestatus_separator = "[|]($style)"
+                pipestatus_format = "[\\[]($style)$pipestatus[\\] => <$status>]($style)"
+                pipestatus_segment_format = "[$status]($style)"
+                disabled = false
+            })
+            .status(main_exit_code)
+            .pipestatus(pipe_exit_code)
+            .collect();
+        assert_eq!(expected, actual);
+    }
 }