SpaceX President Shotwell Files to Sell $52M in Shares Under 10b5-1 Plan

SpaceX President and COO Gwynne Shotwell filed a Form 144 with the SEC on September 22, 2026 disclosing plans to sell 342,170 shares of SPCX common stock — worth approximately $51.96 million at the ~$151.85 reference price — through Morgan Stanley Smith Barney. The proposed sale, Shotwell's first insider sale in three months, falls under a Rule 10b5-1 trading plan she adopted June 23, 2026 covering up to 585,605 shares; this tranche represents about 58% of that authorization. The shares were to be acquired via stock option exercise on the same day as the sale. SPCX traded roughly flat to slightly lower overnight following the filing.