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President Trump thanked SpaceX President Gwynne Shotwell and her husband for pledging $325 million in SpaceX stock to support more than 2 million children through Trump Accounts.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Trump thanked SpaceX President Gwynne Shotwell and her husband Robert Shotwell
00:06after the couple pledged $325 million in SpaceX stock to Trump accounts.
00:12Trump praised the Shotwells' extreme generosity in a Truth Social post late Wednesday.
00:18The donation will support more than 2 million children ages 11 to 17 from lower-income households
00:24with a focus on children living near the Shotwells' Central Texas home.
00:27The funds are part of the Invest America program and are automatically invested in an S&P 500 index fund.
00:35The gift follows other Trump accounts' pledges from Michael and Susan Dell, Ray Dalio and Barbara Dalio.
00:41Robinhood CEO Vlad Tenev said nearly 6 million children had enrolled as of June.
00:45For all things money, visit Benzinga.com.
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