Elon Musk’s proposed SpaceX stock giveaway would go into ‘Trump Accounts’
President Donald Trump announced this afternoon that Elon Musk’s SpaceX shares for children will be given through Trump Accounts. Musk said earlier today that he would give one of his SpaceX shares to “every kid in America” sometime next year. Musk had thanked Trump Account booster Brad Gerstner for “helping enable this,” and Trump appeared to confirm the plan in a post on Truth Social.
Given the value of SpaceX’s stock on Friday, 72 million shares would be worth approximately $10.5 billion, according to CNBC. “This will be the first of many,” Musk said.
Michael and Susan Dell, Ray and Barbara Dalio, Gerstner, and SpaceX president Gwynne Shotwell have all also promised contributions to Trump Accounts. In October, the White House said that after automatically enrolling some 60 million children, over 70 million accounts had been created.
President Donald Trump announced this afternoon that Elon Musk’s SpaceX shares for children will be given through Trump Accounts. Musk said earlier today that he would give one of his SpaceX shares to “every kid in America” sometime next year. Musk had thanked Trump Account booster Brad Gerstner for “helping…
Recent Posts
- ‘It’s a beast, but not at everything’ — RTX Spark-powered Microsoft Surface Laptop Ultra lives up to expectations, but you need to be a big fan of local AI
- How to watch Phony online from anywhere – stream the new comedy mystery series now
- US, Russia to collaborate on nuclear-powered data centers as part of a ‘joint project’ on small-scale power plants
- How to stop audio from auto-playing on Android Auto
- Resident Evil 4 for Nintendo Switch 2 review: a good, but imperfect port
Archives
- October 2026
- September 2026
- August 2026
- July 2026
- June 2026
- May 2026
- April 2026
- March 2026
- February 2026
- January 2026
- December 2025
- November 2025
- October 2025
- September 2025
- August 2025
- July 2025
- June 2025
- May 2025
- April 2025
- March 2025
- February 2025
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023