SpaceX president Gwynne Shotwell says she and her husband will donate shares of their personal SpaceX stock to the Trump Accounts programme, providing support for about 2 million children. Multiple outlets report that the pledge is valued at more than $320 million (some accounts cite roughly $325 million), based on an estimated per-share price of about $162. The donation is framed as part of the “Invest America” effort associated with Trump Accounts, with emphasis on reaching children aged roughly 11 to 17 and focusing on lower-income families, including communities near Shotwell’s central Texas home. CNBC reports that President Donald Trump had earlier predicted that Elon Musk would donate stock to the programme, and Shotwell’s announcement follows that expectation. Business Insider and other outlets say Trump publicly thanks Shotwell for the gift, calling it “extreme generosity.” Coverage consistently describes the stock as coming from Shotwell’s and her husband’s personal holdings rather than from SpaceX as a company. Several reports also note that this follows other large contributions to the programme, including a reported $6.25 billion gift from the Dells.
Gwynne Shotwell pledges over $320M in SpaceX stock to Trump Accounts for 2 million children
SpaceX president Gwynne Shotwell says she and her husband will donate shares of their personal SpaceX stock to the Trump Accounts programme, providing support for about 2 million children. Multiple ou...
- Gwynne Shotwell and her husband donate personal SpaceX stock to Trump Accounts, reported to be worth over $320 million (about $325 million in some coverage).
- The gift is intended to support roughly 2 million children through the Trump Accounts/Invest America programme.
- The programme focus includes children aged about 11 to 17, with emphasis on lower-income areas.
- Donald Trump publicly thanks Shotwell for the donation after Shotwell’s announcement.
- The reports describe the shares as coming from Shotwell’s and her husband’s personal holdings rather than a corporate SpaceX contribution.
The SpaceX stock gift joins the Dells' $6.25 billion contribution to the investment accounts for children as Elon Musk hasn’t confirmed his own
1 month agoSpaceX President Gwynne Shotwell and her husband have donated SpaceX stock valued at $325 million. This significant contribution will support government-backed investment accounts for children across the United States. The donation aims to benefit over two million children, particularly those in lower-income communities. Donald Trump publicly thanked the couple for their extreme generosity and support. This initiative follows other major contributions to the Trump Accounts program.
1 month agoDonald Trump thanked Shotwell for her and her husband's "extreme generosity" after they gifted 2 million SpaceX shares to Trump Accounts.
1 month agoSpaceX President Gwynne Shotwell said Monday that she and her husband are donating stock in the newly public company to Trump Accounts for more than 2 million children. “My husband and I are honored and thrilled to participate in the Invest America program and gift a share of our SpaceX stock to a Trump Account...
1 month agoSpaceX president Gwynne Shotwell will donate a share of SpaceX stock to roughly 2 million children through the Trump Accounts programme, CNBC reports. At around $162 a share, the pledge is worth over $320m. The gift comes from Shotwell’s and her husband’s personal holdings, with extra emphasis on lower-income families near their central Texas home. It makes […] This story continues at The Next Web
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