Trump Says Musk’s SpaceX Share Gift Would Go Through Trump Accounts
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4 Articles
Trump thanks Elon Musk for pledging SpaceX stock to Trump Accounts
President Donald Trump thanked SpaceX CEO Elon Musk on Monday for pledging to give his company’s stock to every child who is participating in the Trump Accounts retirement program. “A BIG THANK YOU to our legendary friend, Elon Musk, for his incredible generosity in giving SpaceX Stock to millions of American children through TRUMP ACCOUNTS!” Trump wrote on Truth Social. “This is exactly what was envisioned when we created TRUMP ACCOUNTS — Bring…
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. 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 to confirm the plan in a post on Truth Social. Given the value of SpaceX's stock on Friday, 72 million sha…
Trump Says Musk’s SpaceX Share Gift Would Go Through Trump Accounts
Trump named the accounts as the proposed route, but the posts leave recipient rules and delivery terms open. A qualifying stock contribution requires Treasury approval and an agreement with an eligible donor.
Musk announced a gift for every child in America: Trump publicly thanked him and linked everything to "Trump accounts" - In his announcement, he described Musk's decision as an act of great generosity, calling him a "legendary friend"
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