SpaceX President Gwynne Shotwell Earns $85.8 Million, Elon Musk Takes Home $54,080
Musk took home $54,080 pay in 2025 while President Gwynne Shotwell earned $85.8 million at SpaceX
The Economic TimesImage: The Economic Times
SpaceX President Gwynne Shotwell earned a total compensation of $85.8 million in 2025, making her one of the highest-paid executives in the U.S. In contrast, CEO Elon Musk received a salary of only $54,080. The company is preparing for a potential IPO valued at around $1.75 trillion.
- 01Gwynne Shotwell's total compensation reached $85.8 million in 2025.
- 02Elon Musk's salary was only $54,080, despite being the majority shareholder.
- 03Shotwell has been pivotal in SpaceX's success, particularly with the Falcon 9 rocket and Starlink.
- 04SpaceX is preparing for a potential IPO valued at approximately $1.75 trillion.
- 05Shotwell's net worth is estimated at $3.4 billion.
Advertisement
In-Article Ad
In 2025, Gwynne Shotwell, President and COO of SpaceX, earned a staggering $85.8 million in total compensation, making her one of the highest-paid executives in the United States, according to the company's S-1 filing. This amount includes a base salary of $1 million and substantial earnings from stock options and awards. In contrast, CEO Elon Musk, who is the majority shareholder, paid himself a mere salary of $54,080. The compensation figures highlight Shotwell's crucial role in managing SpaceX's operations, transforming Musk's ambitious vision into reality through the development of rockets and satellite systems. SpaceX is also reportedly preparing for a confidential IPO that could value the company at around $1.75 trillion. Shotwell, who has been with SpaceX since its early days in 2002, has a net worth of $3.4 billion, reflecting her significant contributions to the company's growth and success.
Advertisement
In-Article Ad
Advertisement
In-Article Ad
Reader Poll
Do you think executive compensation is justified in tech companies?
Connecting to poll...
More about SpaceX
SpaceX Hosts Analyst Meetings Ahead of Historic IPO Plans
The Economic Times โข Apr 21, 2026
SpaceX IPO Buzz Fuels Speculation in Bitcoin and Dogecoin Markets
The Economic Times โข Apr 21, 2026

Blue Origin's New Glenn Rocket Booster Lands Successfully, But Satellite Fails to Reach Orbit
The Indian Express โข Apr 20, 2026
Read the original article
Visit the source for the complete story.


