SpaceX to Gift Shares to Trump Accounts

SpaceX President Gwynne Shotwell announced that over 2 million company shares will be distributed to eligible children through Trump Accounts in December. The initial gift focuses on lower-income areas, with additional plans for military and foster families.

Insights:
FILE PHOTO: The SpaceX logo in this illustration taken June 11, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

SpaceX will distribute more than 2 million company shares to eligible children through Trump Accounts in December, President Gwynne Shotwell announced. The initial share distribution targets families residing in the United States in areas with lower median incomes. The move follows separate corporate restructuring announcements from the aerospace firm.