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Space Exploration Technologies officer may sell $52M stock

SPACE EXPLORATION TECHNOLOGIES CORP (SPCX) received a notice under Rule 144 that company officer Gwynne Shotwell may sell 342,170 shares of common stock.

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Form Type
144

Rhea-AI Filing Summary

SPACE EXPLORATION TECHNOLOGIES CORP (SPCX) received a notice under Rule 144 that company officer Gwynne Shotwell may sell 342,170 shares of common stock. The shares are associated with a cash exercise of stock options and are slated for potential sale on September 22, 2026 through Morgan Stanley Smith Barney LLC on NASDAQ.

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Shares to be sold 342,170 shares Common stock covered by the Rule 144 notice
Aggregate market value $51,958,514.50 Aggregate market value of 342,170 common shares
Proposed sale date September 22, 2026 Proposed date for sale of the common shares
Security type Common stock Class of securities covered by the notice
Transaction type Exercise of stock options Source of the shares to be sold
Trading market NASDAQ Market identified for potential sale of the shares
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Exercise of Stock Options financial
"Common | 09/22/2026 | Exercise of Stock Options | Issuer"
aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC ... | 342170 | 51958514.50"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 for SPCX disclose about Gwynne Shotwell?

It discloses that Gwynne Shotwell, an officer of SPACE EXPLORATION TECHNOLOGIES CORP, has given notice under Rule 144 for the potential sale of 342,170 shares of common stock, related to a cash exercise of stock options on September 22, 2026.

How many SPCX shares are covered by Gwynne Shotwell’s Rule 144 notice?

The notice covers 342,170 shares of SPACE EXPLORATION TECHNOLOGIES CORP common stock. These shares are tied to an exercise of stock options and are the amount indicated as proposed to be sold under Rule 144.

What is the aggregate market value of the SPCX shares in this Rule 144 notice?

The aggregate market value of the shares covered is $51,958,514.50. This amount corresponds to the 342,170 shares of SPACE EXPLORATION TECHNOLOGIES CORP common stock referenced in the notice under Rule 144.

When are the SPCX shares in this Rule 144 notice expected to be sold?

The notice indicates a proposed sale date of September 22, 2026 for the 342,170 shares of SPACE EXPLORATION TECHNOLOGIES CORP common stock to be sold following the exercise of stock options.

On which market and through which broker may the SPCX shares be sold?

The common shares may be sold on NASDAQ through Morgan Stanley Smith Barney LLC Executive Financial Services, as identified in the Rule 144 notice for SPACE EXPLORATION TECHNOLOGIES CORP.

What is the source of the SPCX shares being sold under this Rule 144 notice?

The shares arise from an exercise of stock options by officer Gwynne Shotwell. The notice specifies the transaction type as Exercise of Stock Options with cash as the form of payment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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