
I’ve seen bosses give red envelopes before, but I’ve never seen anyone give one share of their own stock to 2 million children they’ve never met. The donors are Gwynne Shotwell, President of SpaceX, and her husband. They donated over 2 million shares, deposited into Trump accounts for American children in December—1 share per child. These are investment accounts opened by the U.S. government for minors. SpaceX went public in June this year under the ticker $SPCX, with a recent closing price of $141.31, making this donation worth approximately $280 million. Eligibility depends solely on location: children born between 2009 and 2015 living in ZIP codes where the median household income is below $57,000 qualify—regardless of the family’s actual earnings. But these $141 shares are not something the children can touch or spend. Even if they sell after the holding period, the proceeds cannot be withdrawn—they must remain in the account and can only be reinvested in index funds. This is just the appetizer. Last month, SpaceX CEO Musk announced plans to give one share of SpaceX stock to every American child by 2027. For many American kids, their very first stock might just be a rocket company.