Drooid Logo
Back to today’s briefing

Story perspectives

Trump Thanks Shotwells for $325 M SpaceX Stock Gift

7/10/2026

30 5 Full Breakdown

1 of 1

Story summary
  • President Donald Trump posted on Truth Social Wednesday to acknowledge the Shotwells’ $325 million SpaceX stock contribution.
  • He praised their generosity, said the gift will benefit thousands of children, and noted it funds the Invest America program that auto-invests in an S&P 500 fund and allows up to $5,000 annually.
  • Trump said he is confident Elon Musk may also donate stock and that their relationship remains strong despite past electric-vehicle mandate disputes.