Updated
Updated · CNBC · Jul 6
Gwynne Shotwell Donates SpaceX Stock to 2 Million Trump Accounts
Updated
Updated · CNBC · Jul 6

Gwynne Shotwell Donates SpaceX Stock to 2 Million Trump Accounts

3 articles · Updated · CNBC · Jul 6

Summary

  • Shotwell said Monday that shares from her and her husband's SpaceX holdings will be distributed across about 2 million Trump Accounts for Americans under 18.
  • Central Texas children will get "a bit more emphasis," she wrote on X, framing the gift as support for the next generation after the couple's career success.
  • The pledge adds Shotwell to a growing roster of companies and billionaires backing the Trump Accounts program.
  • Trump had told CNBC on Thursday that he expected SpaceX CEO Elon Musk to donate company stock to the initiative.

Insights

With SpaceX losing billions on its AI venture, is its stock a secure long-term investment for children?
Can high-profile stock donations actually solve the space industry's critical shortage of skilled engineers?