SpaceX exec says she'll donate 2 million shares to kids from low-income families. See who's eligible.
Children ages 11 to 17 who live in zip codes with median family incomes of $57,000 or less are among those who qualify for the SpaceX shares.
SpaceX's president and chief operating officer Gwynne Shotwell has announced her plan to donate over 2 million shares of the company to low-income American children through a program called Trump Accounts. The shares will be distributed to eligible tweens and teens by December. Trump Accounts are tax-advantaged investment and savings accounts for American children under 18, first introduced in July.
SpaceX founder Elon Musk had previously pledged to give one share to every child in America. The donations aim to benefit children from low-income families, including those in military families serving overseas, children in foster care, and others with a median family income of $90,000 or less in Texas.
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