The Front Office

Scouting report · SPCX

Bret Johnsen

  • Chief Financial Officer, SPCX since 2011src

SpaceX CFO since 2011; earlier CFO of Mindspeed and Broadcom's controller

—thin record

Not ranked yet

Scouting sheet

as of 24 Sep 2026
Delivers guidance—no promises on the record yet
Answers the question—no call reviewed yet
Capital allocation—company not reviewed yet
Pay design30ebitda, strategic, time only · company lost money
Skin in the game—no holding or price on file
Age
57src
In the role
16 yr
Promises scored
0
Hit rate
—
Dodges / 100 answers
—
Airtime on calls
—
Every promise, oldest firstno scored promises yet

What to weigh

Watch 3

  • In January 2026, before the IPO, his 4m performance options were rebased from free cash flow above $2bn to 371,125 options per $10bn of adjusted EBITDA (FY2025-29). Adjusted EBITDA excludes stock comp, impairment and restructuring. None vested on FY2025src
  • Related-party aircraft arrangement with the President: SpaceX has paid $3m a year to operate an aircraft the two executives own personallysrc
  • The CFO's pay was set by the CEO and President until the IPO. A compensation committee that is not fully independent (Gracias sits on it) now oversees itsrc

In their favour 2

  • Unearned options for 2,142,860 shares vest only on operating milestones: cutting cost per ton to orbit by 50/80/90%, and Starlink service-delivery cost by 80/90%, from April 2022 levelssrc
  • Beneficially owns 9.05m Class A shares, including 2.66m exercisable options, through a family LLC and trustsrc

Career

  1. 2011 – now
    Space Exploration Technologies Corp. (SpaceX)src
    Chief Financial Officer
    Leads the global finance organisation, long-term financial strategy and dealings with the financial community; CFO through the June 2026 IPO
  2. 2008 – 2011
    Mindspeed Technologies, Inc.src
    Senior Vice President & Chief Financial Officer
    Effective 2008-07-07; replaced Simon Biddiscombe
  3. 1999 – 2008
    Broadcom Corporationsrc
    Finance roles, finishing as Vice President & Corporate Controller
    Mindspeed's release adds director of finance and operations for worldwide manufacturing, and controller for central engineering and several business groups

Undated in the sources

  • Qualcomm; earlier Coopers & Lybrandsrc, Finance (three years at Qualcomm); began his career at Coopers & Lybrand

Not located: Pre-1999 years (Qualcomm, Coopers & Lybrand) have no dates in any source searched; outside the ten-year window

Achievements

  • SpaceX CFO for about 15 years, from 2011 through the June 2026 IPOsrc
  • Public-company CFO before SpaceX: Mindspeed Technologies, a Nasdaq-listed semiconductor company, 2008 to 2011src
  • Nearly a decade at Broadcom (1999-2008), finishing as Vice President and Corporate Controllersrc
  • Certified Public Accountantsrc

Education

  • University of Southern California, BS Accountingsrc
  • San Diego State University, MS Financesrc

Background

  • Family The prospectus states there are no family relationships among SpaceX's directors or executive officerssrc
  • Boards Trustee of the University of Southern California, his alma matersrc
  • Other Co-owns a personal aircraft with President & COO Gwynne Shotwell. When SpaceX aircraft are unavailable it is used for company business. The owners waive leasing fees, and SpaceX pays maintenance, crew and operation: $3m a year in 2023, 2024 and 2025src
  • Other Has no employment agreement or severance arrangement. Before the IPO, Musk and Shotwell set his salarysrc

The promise ledger

No promise on the record yet: the research routine has not scored this company's guidance.

Sources

4
  1. Filing Space Exploration Technologies Corp. IPO prospectus, 424B4 (accession 0001628280-26-042639): Management, Executive Compensation, Certain Relationships, Security Ownership · 2026-06-12
  2. Filing SpaceX 10-Q for the quarter ended 2026-06-30, signature page (0001628280-26-052535) · 2026-08-04
  3. Filing Mindspeed Technologies 8-K Ex. 99.1, appointment of Bret Johnsen as SVP & CFO (0001104659-08-040167) · 2008-06-16
  4. Filing EDGAR submissions index for reporting owner CIK 1413147 (Johnsen Bret W): only the 2026-06-11 Form 3 · 2026-09-24