SpaceX President Also Donates to "Trump Account"... Musk Remains Silent
Seed Fund Deposit Program for Infants
Entrepreneurs Have Previously Donated Company Shares
It has been reported that Gwynne Shotwell, President of SpaceX, the space company founded by American entrepreneur Elon Musk, has donated her company's shares to the so-called "Trump Account." The Trump Account is a U.S. government asset support program for minors.
According to foreign media reports such as CNBC on July 6 (local time), Gwynne Shotwell, President and Chief Operating Officer (COO) of SpaceX, announced via her social networking service (SNS) account on X (formerly Twitter) that she would join the donation campaign for the Trump Account.
Shotwell is expected to donate assets, including the SpaceX shares held by her and her husband. With this, she will join global corporations and billionaires in making large donations to the Trump Account.
The donations will be distributed among approximately 2 million Trump Accounts. Children living in the region near Central Texas, where the Shotwells reside, will receive a slightly higher allocation.
Regarding this, Shotwell commented, "I hope this donation will encourage the next generation to continue humanity's journey into space, allowing us to live and travel among the stars."
SpaceX was listed on the New York Stock Exchange last month, and by holding a stake worth $2.4 billion (approximately 3.6 trillion won), Shotwell has become one of the company's largest individual shareholders.
Meanwhile, U.S. President Donald Trump also stated in an interview that he expects Musk to donate company shares to the Trump Account. However, Musk has not yet officially expressed his intention to donate.
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The Trump Account program was officially launched on July 4. Under this program, the U.S. Treasury Department will deposit a $1,000 (about 1.5 million won) seed fund for babies born between 2025 and 2028.
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