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Elon Musk’s proposed SpaceX stock giveaway would go into ‘Trump Accounts’

Elon Musk announced plans to give one SpaceX share to every child in America, with the distribution handled through Trump Accounts. The giveaway of 72 million shares would be valued at approximately $10.5 billion.

Background

SpaceX is one of the most valuable private companies globally, currently valued at over $300 billion. Trump Accounts is a payment platform tied to President Trump's brand and policies.

Source
The Verge
Published
Oct 20, 2026 at 06:30 AM
Score
5.0 / 10