SpaceX insider activity
What the executives and directors of SpaceX actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
The tape: three years of insider trades
Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 4 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Sep 22, 2026 | Shotwell Gwynne | 342K |
| Apr 18, 2026 | Shotwell Gwynne | 213K |
| Apr 2, 2026 | Musk Elon | 480 |
| Feb 2, 2026 | Musk Elon | 511M |
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
The chart, in numbers
| Flow | Shares |
|---|---|
| Granted | 511M |
| Vested / exercised | 316M |
| Withheld for tax | 25M |
| Planned sales (10b5-1) | 342K |
| Discretionary sales | 11K |
| Gifts | 480 |
| Other out | 43M |
| Kept | 759M |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| Shotwell Gwynne | 2.5M | 2.5M | 101 |
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| Musk Elon CEO, CTO & Chairman Last trade Apr 2, 2026 | CEO | 809M | – | $1.2M | net selling over the year: 0 months buying, 1 month selling | Apr 2, 2026 |
| Gracias Antonio J. | Director | 461M | – | – | – | |
| Shotwell Gwynne President and COO Last trade Sep 22, 2026 | COO | 2.5M | – | $53M | net selling over the year: 0 months buying, 1 month selling | Sep 22, 2026 |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Sep 22, 2026 | Shotwell Gwynne (COO) 7,600 shares $151.93 +0.9% since trade filed Sep 24, 2026 | Planned sale (10b5-1) | 7,600 | $151.93 | $1.2M | +0.9% | Sep 24, 2026 |
| Sep 22, 2026 | Shotwell Gwynne (COO) 13K shares $151.15 +1.4% since trade filed Sep 24, 2026 | Planned sale (10b5-1) | 13K | $151.15 | $1.9M | +1.4% | Sep 24, 2026 |
| Sep 22, 2026 | Shotwell Gwynne (COO) 24K shares $154.72 −0.9% since trade filed Sep 24, 2026 | Planned sale (10b5-1) | 24K | $154.72 | $3.8M | −0.9% | Sep 24, 2026 |
| Sep 22, 2026 | Shotwell Gwynne (COO) 146K shares $153.27 +0.0% since trade filed Sep 24, 2026 | Planned sale (10b5-1) | 146K | $153.27 | $22M | +0.0% | Sep 24, 2026 |
| Sep 22, 2026 | Shotwell Gwynne (COO) 152K shares $153.95 −0.4% since trade filed Sep 24, 2026 | Planned sale (10b5-1) | 152K | $153.95 | $23M | −0.4% | Sep 24, 2026 |
| Apr 2, 2026 | Musk Elon (CEO) 11K shares $105.32 +45.5% since trade filed Jun 17, 2026 late | Discretionary sale | 11K | $105.32 | $1.2M | +45.5% | Jun 17, 2026 late |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.