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Trump Account Holders to Receive Donated SpaceX Shares in December
SpaceX's Gwynne Shotwell says eligible Trump Account holders will receive donated SpaceX shares next month.
Key points
- Shotwell and her husband Robert are giving over 2 million SpaceX shares, one each to around 2 million Trump Account holders aged 11 to 17.
- Eligible families live in ZIP codes with median family incomes of $57,000 or less, or with too few residents for a Census median.
- A further gift for children in military families overseas, foster care and nearby Texas counties will be finalized in a few weeks.
Why it matters. Treasury rules from September allowing Trump Accounts to hold individual stocks, not only index funds, could pave the way for more large-scale philanthropic gifts.
SpaceX President and COO Gwynne Shotwell said in an X post on Friday that eligible Trump Account holders will begin receiving donated SpaceX stock next month. Her gift with husband Robert covers over 2 million shares, one each for around 2 million holders aged 11 to 17 in ZIP codes with median family incomes of $57,000 or less. Families should receive a notice by Monday, and parents can check eligibility through Invest America, a nonprofit advocacy group.
Latest updates
Trump Account Holders to Receive Donated SpaceX Shares in December
Eligible Trump Account holders will begin receiving donated shares of SpaceX stock in December, according to a post on X by SpaceX President and Chief Operating Officer Gwynne Shotwell. The announcement sets a timeline for the distribution. SpaceX completed its initial public offering on Nasdaq on June 12, 2026. Further details on eligibility and the number of shares were not included in the reported post.