Musk pledges $10bn in SpaceX shares for US children: Who really gains?
The pledge, which Trump says will go through tax-friendly 'Trump accounts', comes two weeks before the US midterms.
Al Jazeera English reports that the pledge, which Trump says will go through tax-friendly 'Trump accounts', comes two weeks before the US midterms.
This business story centres on the United States. Names and organisations mentioned in the coverage include SpaceX and Trump.
Why it matters
Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- United States · Americas
- Reported by
- Al Jazeera English
- First reported
- Key names
- SpaceX, Trump
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at Al Jazeera EnglishSpotted an error? Request a correction · How this summary was produced
Related Stories
Supreme Court upholds pause on Trump's anti-trans prison policy
The Supreme Court ruled Wednesday that the Trump administration has to continue providing gender-affirming care to inmates in federal prisons as…
Russia to send first diesel tanker to the US amid Trump deal
Russia will send on Thursday its first diesel tanker to the US to an undisclosed port.
Trump leans into unprecedented power ahead of midterm elections
Less than two weeks before the election, Trump continues to crash through barriers that he wouldn't dare cross in his first term.
Why Republicans frustrated with Trump's policies continue to support the party
NPR's Steve Inskeep asks Bloomberg politics columnist Ron Brownstein what motivates Republicans angry with the Trump administration to continue…
How Ukraine’s drone strikes on Russia crippled the world’s second largest diesel supplier
President Donald Trump has blamed Ukraine for surging diesel prices that are hurting Republicans' election chances with the midterms just two weeks…
Salesforce goes back to the M&A well to fortify a weaker business. Why it's a smart move
The enterprise software giant's planned acquisition of Braze will beef up its marketing business and avoids diluting shareholders in the process.
EBay to lay off 9% of workforce in its second round of job cuts this year
EBay will lay off 9% of its workforce, or about 1,000 employees, as it works to focus on its "top strategic priorities."
Loss bumps Blanchfield, boosts Suarez, Jandiroba in women's pound-for-pound rankings
After winning UFC women's flyweight title, Silva rises in ESPN's P4P top 10.