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Trump asked Musk for SpaceX stock to seed US kids’ savings accounts, report says

Reports indicate that the Trump administration is seeking a stock donation from SpaceX to seed 'Trump Accounts,' a new type of savings vehicle for US children. While 6 million children have already signed up for the program, it remains uncertain whether SpaceX will contribute or how such a donation would impact the accounts' value.

Background

The Trump Accounts initiative aims to provide children with investment opportunities in American companies, featuring government contributions for those born between 2025 and 2028.

Source
Ars Technica
Published
Jun 30, 2026 at 11:38 PM
Score
6.0 / 10