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

Summary of reporting by The Verge·

Key points

  • According to The Verge, President Donald Trump said Elon Musk’s SpaceX shares for children would be distributed through Trump Accounts.
  • The Verge says Musk had discussed the plan earlier the same day.

The Verge reports that President Donald Trump announced this afternoon that Elon Musk’s proposed SpaceX stock giveaway for children would be handled through Trump Accounts. According to the report, Musk had earlier said he would give one of the shares through the program, though the preview text cuts off before the full statement. The source does not provide additional details about the number of shares or the terms of the plan.

Original reporting

This page summarizes reporting by The Verge, originally published October 19, 2026 at 3:30 PM under the headline "Elon Musk’s proposed SpaceX stock giveaway would go into ‘Trump Accounts’". All rights to the original article belong to The Verge.

Continue reading the full story at The Verge

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