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Gwynne Shotwell is President and COO of SpaceX, overseeing the company's launch operations, business strategy, and workforce growth.
SpaceX closed its Nasdaq debut on Friday, June 12, 2026, at $161.11 after opening just above $150, up nearly 20% on the largest IPO in stock market history. At that close, the shares SpaceX sold were worth about $14.5 billion more than it collected.
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Barclays says Tesla and SpaceX could announce a merger before Tesla's annual meeting, which it expects by Dec. 6. Qz reported that broker non-votes, tallied against a proposal, were roughly 11% of outstanding votes at the 2025 meeting.
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AT&T and T-Mobile fell about 9% and Verizon 6% on Friday morning after SpaceX said it was buying low-band spectrum from Grain Management. That spectrum alone cannot carry a nationwide network, so the carriers' first bill may come at spectrum auctions, where Evercore expects SpaceX to push up prices.
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Gwynne Shotwell's SpaceX share pledge to 2 million-plus Trump Accounts, now worth about $330 million, is the first big test of Treasury's Sept. 30 stock rules. Its tax savings come from an old step, giving appreciated stock to a foundation first, while the new rules supply a place to send one company's shares.
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Google is flying four TPUs, roughly one server's worth of compute on a kilowatt of solar power, in Project Suncatcher's first orbital test. The satellite can show whether the chips survive heat and radiation in orbit, a smaller question than whether computing there is cheaper.
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SpaceX's Starship Flight 14 will try to reach orbit for the first time carrying 26 Starlink V3 satellites that together add about 26 Tbps of capacity. For a company valued near $2 trillion, it tests how much one launch can lift, while the cost of each launch still depends on reuse.
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SpaceX will not commit to flying Crew Dragon much beyond 2030, and its president says Boeing should fly its own capsule. NASA is responding by paying to make Starliner flightworthy on a rocket it does not yet have.
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The advisory firm's range runs $343 billion to $566 billion through 2050. The $223 billion between those numbers is a bet on water ice, helium-3 and lunar data centres, and SpaceX now marks it quarterly.
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The $100bn Vermilion Parish plan prices out at roughly $800,000 an acre and $10m per job. Suppliers should read it as a two-year construction programme with launch pads attached.
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