SpaceX President Gwynne Shotwell announced Monday that she and her husband will donate shares of SpaceX stock to help fund Trump Accounts for more than 2 million children, joining a growing list of individuals and companies supporting the new investment program.
In a post on the social platform X, Shotwell said the couple is contributing stock in the newly public company to provide a share for each eligible child as part of the Invest America initiative.
“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 wrote.
According to Shotwell, the donation will benefit children between the ages of 11 and 17 who live in lower-income communities, with a particular emphasis on those residing near the couple’s home in central Texas.
She said the gift reflects the couple’s desire to encourage future generations and inspire young Americans to pursue ambitious goals.
“We have been fortunate in our careers and hope this gift encourages the next generation to continue the journey of enabling humanity to live and fly amongst the stars,” Shotwell added. “A huge thanks to all that worked to bring this incredible program to life.”
Shotwell’s announcement came as the Trump administration officially launched Trump Accounts on Monday. President Donald Trump marked the rollout by ringing the opening bells for both the New York Stock Exchange and Nasdaq from the Oval Office, highlighting the administration’s push to expand investment opportunities for young Americans.
Under the program, investment accounts are eligible to receive an initial $1,000 contribution from the federal government for children born between 2025 and 2028.
The launch has also prompted commitments from several high-profile business leaders and corporations that plan to supplement the government-funded accounts through donations and matching contributions.
Among the largest pledges came from billionaire Michael Dell and Susan Dell. The couple, who joined President Trump at the White House on Monday, previously announced in December that they would contribute $6.25 billion to Trump Accounts benefiting 25 million children.
Technology companies have also committed significant support for the initiative.
Memory chip manufacturer Micron announced last week that it plans to invest $250 million in Trump Accounts. As part of that commitment, the company said it will match up to $1,000 in employee contributions while also providing $250 in seed funding for children living in the seven states where Micron operates.
Advanced Micro Devices (AMD) also unveiled its own commitment Monday. The semiconductor company said it will match the federal government’s $1,000 contribution for Trump Accounts established for the children of its U.S.-based employees.
Shotwell’s pledge adds another major private-sector contribution to the initiative as the administration seeks to expand participation through partnerships with business leaders and corporations.
With donations ranging from stock gifts to billion-dollar commitments and employer matching programs, support for Trump Accounts continues to grow following the program’s official launch. Shotwell said she hopes her family’s contribution will help inspire millions of young Americans while encouraging them to pursue opportunities that could one day allow humanity to continue exploring and living among the stars.
