Shotwell family donates $325 million in SpaceX stock to Trump Accounts

Trump thanks SpaceX President Gwynne Shotwell and her husband Robert for gifting SpaceX stock to accounts benefiting more than two million American children.

First Published: July 8, 2026, 9:57 PM ET

WASHINGTON D.C. — Donald Trump has thanked SpaceX President Gwynne Shotwell and her husband, Robert, for donating $325 million in SpaceX stock to Trump Accounts on truthsocial.

Here is the full post on truthsocial: “Thank you to the brilliant and highly respected Gwynne Shotwell, and her husband, Robert, for their extreme Generosity in helping children to attain the ever magnificent American Dream! Their Gift of 325 Million Dollars of SpaceX Stock is greatly appreciated by all. Thousands of children have just been given a better life. Thank you Gwynne and Robert, and continued Great Success! Trump”, on Truth Social on July 8, 2026 at 8:39 PM EST.

The gift routes SpaceX stock to Trump Accounts for more than two million children across the United States (see truthsocial). Shotwell, the president and chief operating officer of SpaceX, said she and her husband were honored to participate in the Invest America program. The couple directed the shares to the accounts of children ages 11 to 17 who live in areas with lower average household incomes, with added emphasis on families near their central Texas home.

Gwynne Shotwell posted on Truth Social on 07/08/2026. The post announced her and her husband's $325 million donation of SpaceX stock to Trump Accounts for children, supporting the Invest America program.

“My husband and I are honored and thrilled to participate in the Invest America program and gift a share of our SpaceX stock to a Trump Account for each of more than two million children across our great nation,” Shotwell said. She said the couple hoped the gift would encourage the next generation to continue enabling humanity to live and fly among the stars.

The Invest America Act, signed into law by Trump, established the Trump Accounts, which seed each child’s account with $1,000 invested in leading American companies. Investor Brad Gerstner said billions of dollars have been committed by philanthropists and corporations to tens of millions of children across the country. He described the program as a public-private partnership meant to make every child a shareholder from birth.