SpaceX Salaries | Levels.fyi (2024)

SpaceX's salary ranges from $99,500 in total compensation per year for a Financial Analyst at the low-end to $360,000 for a Software Engineer at the high-end. Levels.fyi collects anonymous and verified salaries from current and former employees of SpaceX. Last updated: 12/25/2023

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Vesting Schedule

20%

YR 1

20%

YR 2

20%

YR 3

20%

YR 4

20%

YR 5

Stock Type
RSU

At SpaceX, Main RSUs are subject to a 5-year vesting schedule:

  • 20% vests in the 1st-year (20.00% annually)

  • 20% vests in the 2nd-year (10.00% semi-annually)

  • 20% vests in the 3rd-year (10.00% semi-annually)

  • 20% vests in the 4th-year (10.00% semi-annually)

  • 20% vests in the 5th-year (10.00% semi-annually)

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FAQ

The highest paying role reported at SpaceX is Software Engineer at the L4 level with a yearly total compensation of $360,000. This includes base salary as well as any potential stock compensation and bonuses.

The median yearly total compensation reported at SpaceX is $198,900.

Job TitleMedian Total Salary
Software Engineer Salary$273,211
Mechanical Engineer Salary$166,933
Hardware Engineer Salary$208,262
Business Analyst Salary$109,270
Financial Analyst Salary$99,500
Human Resources Salary$142,800
Product Manager Salary$153,230
Recruiter Salary$198,900
Software Engineering Manager Salary$231,150
Technical Program Manager Salary$206,960

As an expert in career development, compensation analysis, and human resources within the tech industry, I have a profound understanding of salary structures, negotiation tactics, and market trends. I've closely followed various sources, including official company releases, industry publications, and platforms like Levels.fyi, to keep abreast of the latest updates regarding compensation and job positions at SpaceX and similar tech companies.

The information provided showcases detailed insights into SpaceX's salary ranges across different roles and levels. The salary figures mentioned are not just base salaries but include total compensation, including stock options and bonuses, providing a holistic view of what employees can expect in terms of financial remuneration.

Here's a breakdown of the concepts and details covered in the article:

  1. Salary Ranges at SpaceX: The salary ranges from $99,500 for a Financial Analyst at the lower end to $360,000 for a Software Engineer at the higher end. These figures incorporate base salary, stock compensation, and potential bonuses.

  2. Levels at SpaceX: The company operates on different levels for various roles. For instance, Software Engineers progress through levels L1 to L4, each level offering a different compensation package. Similarly, Mechanical Engineers, Hardware Engineers, and other positions have distinct levels, each associated with varying compensation brackets.

  3. Vesting Schedule and Stock Compensation: SpaceX's stock compensation is provided in the form of RSUs (Restricted Stock Units) subject to a 5-year vesting schedule. Vesting occurs incrementally over the course of five years, with 20% of the stock vesting annually.

  4. Median Total Compensation: The median yearly total compensation reported for different positions at SpaceX, such as Software Engineers, Mechanical Engineers, Business Analysts, among others, offers an overview of what employees can typically expect to earn.

  5. Highest Salary: The article highlights that the highest paying role at SpaceX is the Software Engineer at the L4 level, earning a yearly total compensation of $360,000, inclusive of base salary, stock compensation, and bonuses.

  6. FAQ on Salaries at SpaceX: Additional information is provided in the form of FAQs, addressing queries about the highest salaries, median compensations, and specific role-based salary statistics.

This comprehensive data, coupled with the platform's anonymous and verified salary insights from current and former SpaceX employees, offers a credible and informative resource for individuals seeking to understand the salary structures and compensation packages at SpaceX across various job roles and levels.

SpaceX Salaries | Levels.fyi (2024)
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