Trump thanks ‘legendary friend’ Elon Musk for pledging SpaceX stock to American children, hails him for his ‘incredible generosity’
Donald Trump thanked SpaceX CEO Elon Musk for pledging to give his company’s stock to every child participating in the Trump Accounts retirement program.
President Donald Trump expressed gratitude on Monday, October 19th to SpaceX CEO Elon Musk for his pledge to donate shares of his company to every child participating in the Trump Accounts retirement program. Musk had announced his intention to give a share to each American child on X, stating, "Next year, I will give one of my SpaceX shares to every kid in America.
This will be the first of many." Trump praised Musk's "incredible generosity" in his social media post, highlighting how it aligns with the program's goal of investing in children and giving every American child a piece of the American Dream. Musk owns approximately 6.4 billion shares in SpaceX. The Trump Accounts program, launched by the White House on July 4th, deposits $1,000 into each account for children born between 2025 and 2028, with additional contributions allowed until the child reaches adulthood.
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