← Back to news
July 6, 2026
Gwynne Shotwell Donates $320 Million in SpaceX Stock to Fund Trump Accounts
- Gwynne Shotwell announced the donation of two million shares of SpaceX stock, valued at $320 million.
- The funds will primarily benefit children aged 11 to 17 in lower-income areas, especially near central Texas.
- Trump Accounts will provide $1,000 to children born during Trump's second term, converting to investment accounts at age 18.
3 Sources
- SpaceX president gifts $320M in company stock to fund new Trump AccountsJul 6, 2026 at 8:01 PM · Independent
- SpaceX president donating stock to Trump AccountsJul 7, 2026 at 2:22 PM · The Hill
- Moore praises Trump Accounts: 'This is actually a smart policy'Jul 8, 2026 at 5:10 PM · The Hill