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The Times of India
The Times of India
World
TOI World Desk

SpaceX president to donate company stock to Trump Accounts; Katie Miller does the '$325 million' math

SpaceX president Gwynne Shotwell announced that she and her husband will be donating company stock to the Trump Accounts of more than 2 million American children. The announcement comes days after Trump said in an interview with CNBC that he expects Elon Musk to donate SpaceX stock to the program. "Well, I think that he will do that," the president said, though Musk, who briefly became the world's first trillionaire following SpaceX's record-breaking IPO, has yet to make any public comment on whether he would donate.

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"Every American child under 18 can benefit from having a Trump Account, but our gift specifically goes to the Accounts of children (ages 11-17) that live in areas with lower average household incomes with a bit more emphasis for those that live near our central Texas home," Shotwell posted.

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