Trump Applauds SpaceX Stock Gift to Trump Accounts Benefiting Millions of Children

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Source: Business Insider
Trump Applauds SpaceX Stock Gift to Trump Accounts Benefiting Millions of Children
Photo: Business Insider
TL;DR

President Trump publicly thanked SpaceX president Gwynne Shotwell and her husband for donating SpaceX stock to Trump Accounts, a tax-advantaged program seeded with Treasury funds to help more than 2 million American children in lower-income areas; the gift was valued at roughly $296–325 million depending on SpaceX’s share price, with Shotwell noting it would fund stock gifts for each eligible child and making her one of the program’s largest individual donors; Elon Musk’s donation status was not confirmed.

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