Bret Johnsen
Bret Johnsen | |
|---|---|
| Born | Bret Johnsen 1969 (age 56–57) |
| Education | University of Southern California (B.A.) San Diego State University (M.S.) |
| Occupation | Business executive |
| Employer | SpaceX (2011–present) |
| Title | Chief financial officer of SpaceX |
| Spouse | Catherine Johnsen |
| Children | 2 |
Bret Johnsen (born 1969) is an American billionaire business executive who has served as the chief financial officer of SpaceX since 2011.[1]
Early life and education
Johnsen is a native of Southern California. He earned a bachelor's degree in accounting from the University of Southern California and a master's degree in finance from San Diego State University.[2]
Career
Early career
Johnsen began his career in junior finance roles at Qualcomm and at the accounting firm Coopers & Lybrand.[2] In the late 1990s, he served as corporate controller at Classified Ventures, a joint venture of newspaper publishers including McClatchy and Gannett that operated the websites Cars.com and Apartments.com.[2] In 1999, he joined the semiconductor company Broadcom, where he eventually rose to the position of corporate controller.[2]
In 2008, at the onset of the global financial crisis, Johnsen was appointed chief financial officer of Mindspeed Technologies.[2] He initiated a restructuring programme that included layoffs, the renegotiation of debt and the sale of patents, and subsequently rebuilt the company's share price through investor relations activity and outreach to institutional investors.[2]
SpaceX (2011–present)
Johnsen was joined SpaceX in 2011, when the company was valued at US$1 billion. According to Johnsen, when a company recruiter first contacted him, he initially believed SpaceX to be a self-storage business.[2] During his tenure, Johnsen oversaw a series of tender offers that enabled SpaceX employees to sell portions of their shareholdings, conducted at intervals of roughly six months, an unusually high frequency for a private company.[2]
In January 2026, Johnsen commenced the process of selecting investment banks for the SpaceX IPO, ultimately assembling a syndicate of 23 institutions.[2] He appointed Goldman Sachs and Morgan Stanley as senior book-running managers, with Goldman Sachs and Morgan Stanley sharing the lead left role and Morgan Stanley overseeing early trading; Citibank was tasked with coordinating international banks including Barclays and UBS in the sale of shares in their home markets.[2]
In February 2026, Following SpaceX's acquisition of xAI at a US$250 billion valuation, Johnsen led a cost-reduction effort at the artificial intelligence subsidiary.[2] He and a small team of finance staff and investors visited xAI's data centres in Memphis shortly after the transaction closed; within weeks, xAI's own CFO had departed, layoffs had been initiated, and SpaceX had begun negotiations to lease much of xAI's computing capacity to Anthropic.[2]
In June 2026, Johnsen became a billionaire while working at SpaceX, after the IPO of SpaceX, his wealth was more readily available for valuation.[1]
Personal life
Johnsen is married to Catherine Johnsen; the couple have two children, Delaney and Kenton, both of whom have interned at SpaceX.[2] The family own homes in Rancho Palos Verdes and Manhattan Beach, and Johnsen co-owns a private aircraft with SpaceX president Gwynne Shotwell.[2] He hosts several annual social events in Orange County, including gatherings at the Del Mar racetrack and at the Culver Hotel in Los Angeles.[2]
Johnsen is a donor to the Republican Party and has contributed to the campaigns of United States senators Lindsey Graham and John Cornyn, as well as to SpaceX's political action committee.[2]
References
- 1 2 Rogelberg, Sasha (June 13, 2026). "SpaceX CFO Bret Johnsen quietly engineered its historic IPO and became an overnight billionaire". Yahoo. Retrieved June 14, 2026.
- 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Wayt, Theo; Pau, Valida (June 5, 2026). "SpaceX's CFO Is the Quiet VIP of a Wild IPO". The Information.