00:00It's Benzinga, bringing Wall Street to Main Street.
00:03SpaceX President Gwynne Shotwell said Monday, she will donate shares of her and her husband's
00:08SpaceX stock to the Trump Accounts Program, according to CNBC. The gift will go to about
00:132 million accounts, with more emphasis on children near their home in Central Texas.
00:18Shotwell said she hopes the donation encourages the next generation to help humanity live and
00:23fly among the stars. Shotwell is one of SpaceX's largest individual shareholders,
00:28with a stake worth about $2.4 billion after the company's IPO last month.
00:34President Trump said Thursday he thought SpaceX CEO Elon Musk would donate company stock to the
00:40program. The tax-deferred 530A accounts launched July 4th and include a $1,000 initial treasury
00:48deposit for babies born from 2025 through 2028. Intel, Robinhood, Micron, Michael and Susan Dell
00:56have also pledged support for the program. For all things money, visit Benzinga.com.
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