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SpaceX exec to give 2M shares to low-income kids. See who qualifies.

All Content from Business Insider·Lauren Edmonds·about 5 hours ago
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SpaceX's president is gifting over 2 million company shares to children through Trump Accounts. Michael Yanow/NurPhoto via Getty Images

Your kid could become a SpaceX shareholder by Christmas.

SpaceX President and COO Gwynne Shotwell said she and her husband are gifting over 2 million shares of the company to eligible tweens and teens through Trump Accounts , which first rolled out in July. Trump Accounts are tax-advantaged investment and savings accounts for American children under 18.

"Robert and I are thrilled that our gift of over 2 million shares of SpaceX stock will be distributed to children's Trump accounts in December!" Shotwell said in an X post on Friday.

The announcement comes after SpaceX founder Elon Musk said earlier this month that he would give one share to every child in America.

"This will be the first of many," he wrote in an X post.

Starting in October, the Treasury Department began automatically enrolling all eligible children in the SpaceX shares program.

Your child may qualify.…

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