Elon Musk’s Number Two Donates $325 Million to Trump, Because Why Not
KEY POINTS
- •Gwynne Shotwell and her husband donated over 2 million SpaceX shares to Trump Accounts, valuing around $325 million.
- •Donald Trump praised the gift on Truth Social and hopes Elon Musk will also contribute despite past disagreements.
- •The donation targets children aged 11 to 17 in lower-income areas near Shotwell’s central Texas residence.
In a move even SpaceX rockets couldn’t predict, Gwynne Shotwell, Elon Musk's second-in-command and apparently part-time philanthropist, gifted 2 million shares of her SpaceX stock—roughly valued between $296 million and a hopeful $325 million—to "Trump Accounts," a tax-advantaged savings program for kids started by Donald Trump. Announced on Truth Social (because where else?), Trump praised Shotwell’s 'extreme generosity' and predicted Musk might join the party despite their 'little dispute.' The shares aim to help over 2 million lower-income kids aged 11 to 17, focusing on areas near Shotwell’s central Texas home, proving even billionaires get regional bonuses. Musk remains silent, probably busy somewhere in a Tesla or Mars.
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(1 of 3)When your boss’s second-in-command drops a $325 million donation to your program and you thank her on your own echo chamber app—space dreams and political theater collide spectacularly.
Trump’s thanking Shotwell for $325 million in SpaceX stock is peak cosmic irony—like paying for intergalactic fuel with Monopoly money.
Nothing screams 'I’m helping kids' like a multi-million-dollar SpaceX stock donation announced on Truth Social, where echo chambers cost extra.
Source: Businessinsider | Published: 7/9/2026 | Author: Georgia Hennessy
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