SpaceX to give more than 2 million shares to eligible children’s Trump Accounts

Technology · First reported 30 Oct, 21:41 · Updated 23:38

Image: Wikimedia Commons · NASA Johnson Space Center · Public domain

SpaceX President Gwynne Shotwell said more than 2 million company shares are expected to go to eligible children through Trump Accounts in December. The initial group and a separate planned gift have different eligibility criteria.

Shotwell said more than 2 million SpaceX shares are expected to be distributed through Trump Accounts in December.
The initial gift is for eligible children aged 11 to 17 in specified ZIP codes, with a separate gift planned for additional groups.
Fox News also reported that Shotwell was gifting more than 2 million shares of company stock to Trump Accounts.

Summary written by Lux AI from 2 articles

Key facts

Shares: More than 2 million SpaceX shares.
Expected distribution: December.
Initial age range: Children aged 11 to 17.
Initial income threshold: ZIP codes with median family income of $57,000 or less.
Family notice: Eligible families should receive a notice by Monday.