✉news ScienceSpace first seen 7 h ago, last 7 h ago, peak #23
SpaceX president Gwynne Shotwell sells $52.5 million in stock
Original: SpaceX stock sale sees Shotwell cash in $52.5M before Starship’s orbit test
SpaceX president Gwynne Shotwell has sold $52.5 million worth of company shares in an internal stock sale, according to reports. The sale comes shortly before SpaceX's planned orbital test flight of its Starship rocket. The transaction highlights how SpaceX employees and executives can monetize holdings despite the company remaining private, and it lands at a moment of intense attention on Starship's development.
Why now: The timing of the large share sale just ahead of Starship's orbital test flight is drawing scrutiny.
SpaceXGwynne ShotwellStarshipElon Musk
Evidence
- SpaceX stock sale sees Shotwell cash in $52.5M before Starship’s orbit test · The Cryptonomist
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