Tuesday, 20 October 2026 Updated 56 min ago
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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.

Image accompanying the story: Elon Musk’s proposed SpaceX stock giveaway would go into ‘Trump Accounts’
Image: The Verge · via The Verge

The Verge reports: 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.

This technology story centres on the United States. Names and organisations mentioned in the coverage include Trump Accounts’, Elon Musk and Elon Musk's SpaceX.

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Key details

Location
United States · Americas
Reported by
The Verge
First reported
Key names
Trump Accounts’, Elon Musk, Elon Musk's SpaceX, SpaceX
Section
Technology

Sources

This is an independent summary. Read the full, original reporting from the publisher:

Read the full story at The Verge

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