SpaceX COO Gwynne Shotwell donates 2M+ shares to children’s Trump Accounts

What happened: SpaceX COO Gwynne Shotwell donated more than 2 million shares to children's Trump Accounts, and eligible account holders will begin receiving donated SpaceX (SPCX) stock next month, per an X post on Friday. Key numbers: More than 2 million shares donated. Accounts are open to U.S. children under 18 with a Social Security number. Distribution begins next month. Why it matters: The donation places SpaceX (SPCX) stock into 530A accounts held by children, with eligible holders set to receive shares starting next month.

SpaceX COO Gwynne Shotwell donated more than 2 million shares to children's Trump Accounts, and eligible account holders will begin receiving donated SpaceX (SPCX) stock next month, per an X post on Friday.

The donation places SpaceX (SPCX) stock into 530A accounts held by children, with eligible holders set to receive shares starting next month.