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Donald Trump to Gwynne Shotwell and Her Husband Robert: Your Gift of 325 Million Dollars of SpaceX Stock Is ...

Trump said the $325 million gift will help more than 2 million children build savings through tax-advantaged accounts.

  • On Wednesday, President Donald Trump publicly thanked SpaceX President Gwynne Shotwell and her husband, Robert, for donating SpaceX stock to Trump Accounts, which Trump valued at $325 million.
  • Shotwell clarified that the gift will reach more than 2 million children aged 11 to 17 in lower-income areas, with emphasis for those living near the couple's Central Texas home.
  • Billionaire Michael Dell and his wife, Susan Dell, previously contributed $6.25 billion to the program, which provides tax-advantaged savings vehicles seeded with $1,000 for eligible American children.
  • Although Trump cited a $325 million valuation, shares were worth about $296 million at Wednesday's closing price, reflecting a slight decline since the gift was announced on Monday.
  • More than 6 million children have enrolled in Trump Accounts since the program opened earlier this year, though neither President Trump nor CEO Elon Musk has publicly confirmed if Musk has donated.
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Benzinga broke the news in New York, United States on Thursday, July 9, 2026.
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