PANews, November 1: SpaceX President Gwynne Shotwell announced that over 2 million shares of SpaceX stock donated by her and her husband, Robert, will be distributed in December to children’s “Trump accounts.” The first batch of shares is being transferred to custodial accounts and will be allocated to children aged 11 to 17 whose household income in their ZIP code area does not exceed $57,000, as well as same-age children in ZIP codes with insufficient population data to report income. Relevant families will receive notification by Monday. A second round of donations will be finalized in coming weeks, covering children of U.S. military families stationed overseas, foster children, and same-age children in certain Texas counties with median household incomes not exceeding $90,000. The U.S. Department of the Treasury, the IRS, the Dell Foundation, and others are participating in this donation.
SpaceX President Gwynne Shotwell and her husband donate over 2 million shares to children's 'Trump accounts'
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Summary
SpaceX President Gwynne Shotwell and her husband have donated over 2 million shares to children’s “Trump accounts” by December. The first batch targets custodial accounts for children aged 11–17 in low-income areas or sparsely populated ZIP codes. Notifications will be sent out on Monday. A second group includes military families, foster children, and Texas residents in areas with median incomes under $90,000. The Treasury, IRS, and Dell Foundation are involved. With BTC as a hedge against inflation, liquidity in crypto markets remains a priority as major assets shift.
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