SpaceX president Gwynne Shotwell says she will donate shares of SpaceX stock to the Trump Accounts program. Multiple outlets report that the decision comes shortly after President Donald Trump publicly predicted on CNBC that Elon Musk would donate company stock to the initiative. According to Quartz, Shotwell and her husband plan to gift SpaceX stock to children ages 11 to 17 in lower-income areas, with the value reported at more than $320 million. The reporting ties the donation to Trump’s earlier remarks about expected stock contributions to the program, but it does not indicate that the donation is arranged by Elon Musk. The sources describe the announcement as a personal or family-linked effort by Shotwell rather than a company-wide allocation, and they frame it as aimed at benefiting children who are eligible under the program’s age and income criteria. Details on the timing of the transfer, the specific number of shares, and the ownership structure of the donated stock are not fully specified in the provided excerpts.
SpaceX President Gwynne Shotwell donates stock to Trump Accounts program
SpaceX president Gwynne Shotwell says she will donate shares of SpaceX stock to the Trump Accounts program. Multiple outlets report that the decision comes shortly after President Donald Trump publicl...
- SpaceX president Gwynne Shotwell plans to donate SpaceX stock to the Trump Accounts program.
- Trump made public comments on CNBC suggesting Elon Musk would donate SpaceX stock; Shotwell’s announcement follows soon after.
- Quartz reports Shotwell and her husband will gift stock to children aged 11 to 17.
- The reported value of the donated stock is more than $320 million.
- The donation is described as linked to the Trump Accounts eligibility criteria for lower-income areas and specific age ranges.
Gwynne Shotwell and her husband are gifting SpaceX stock to children aged 11 to 17 in lower-income areas, worth more than $320 million
2 hours agoPresident Donald Trump told CNBC's Joe Kernen last week that he thought SpaceX CEO Elon Musk would donate company stock to the program.
3 hours agoSpaceX president Gwynne Shotwell donates stock to Trump Accounts days after the President's prediction
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