SpaceX President Donates 2M Shares Worth $320M to Trump Account Plan
2026-07-06 21:43

Woofun AI reports that SpaceX President Gwynne Shotwell announced on Monday she and her husband will donate 2 million shares of SpaceX stock to the "Trump Account" plan. Each of over 2 million American children will receive one share, with the total value estimated at approximately $320 million based on a price of $160 per share. The donation targets children aged 11 to 17 in low-income areas, focusing on recipients near their residence in central Texas.

This move follows previous pledges from Michael Dell and his wife of $6.25 billion, Micron Technology’s $250 million commitment, and matching donation statements from BlackRock, Intel, and JPMorgan Chase. While Trump previously expressed expectation that Elon Musk would donate SpaceX stock, Musk has not yet publicly responded.

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Tags:
Elon Musk
Gwynne Shotwell
Trump
Michael Dell
Musk
SpaceX
Trump Account
BlockBeats
BlackRock
Intel
JPMorgan Chase
CNBC
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