Bullstory
Jul 10, 2026

SpaceX president donates shares to 200ten thousand low-income children, 1shares each

SpaceX president Gwynne Shotwell announced that SpaceX shares will be donated to more than 200ten thousand low-income children, 1shares each. They will be delivered through a Trump account, and the donation was disclosed at a value of about Trump valuation 3hundred million 2500ten thousand dollars (about 4912billion won), about 148dollars per share, for roughly 2hundred million 9600ten thousand dollars.


SpaceX president, shares donated to 200ten thousand low-income children, 1shares each

Gwynne Shotwell, president of SpaceX, said she will donate SpaceX shares to more than 200ten thousand low-income children, 1shares each. They will be delivered through a Trump account and placed into long-term investment assets in the children's names.

Shotwell posted the donation plan on her social media account X on the 6day, and said the target is low-income children aged 11~17 years old. She explained that she plans to place more weight on children in areas near Texas.

President Donald Trump valued the scale of the donation at about 3hundred million 2500ten thousand dollars, or about 4912billion won in Korean currency.

Currently, shares of SpaceX, which is still an unlisted company, are trading at about 148 dollars per share. Based on that price, this donation is worth roughly 2 hundred million 9600 ten thousand dollars.

A Trump account is a system designed to allow parents or guardians to build long-term investment assets in a child’s name. So far, more than 600 accounts have been opened.

About 140 of those will receive a government-provided initial contribution of 1000 dollars. With this donation, Shotwell has become one of the largest individual donors to Trump accounts known so far.

Sources: 뉴시스 경제

Bullstory synthesized this report from the linked sources. AI may have assisted the writing process. Check the original reports for factual confirmation.