Musk to give SpaceX shares to American children, Trump praises plan
Key points
- ET Now says Elon Musk plans to contribute SpaceX shares to American children through the programme.
- Trump praised the proposal in a Truth Social post and said it fits the programme's aim.
According to ET Now, Elon Musk is set to give SpaceX shares to American children as part of a plan linked to Trump Accounts. The outlet says Trump responded in a post on Truth Social, thanking Musk and saying the proposal reflects the programme’s goal of combining private-sector investment with long-term support. ET Now did not provide further details in the preview text about how the plan will work.
Original reporting
This page summarizes reporting by ET Now, originally published October 20, 2026 at 12:55 AM under the headline "Elon Musk to give SpaceX shares to American children; Trump says ‘a big thank you’ - What are Trump Accounts and how will the plan work?". All rights to the original article belong to ET Now.
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More coverage of this story
- Newswav · Oct 21, 2026Elon Musk Says He’ll Give Every Child in America a SpaceX Share—But How Would That Actually Work?
- Tribune Online · Oct 20, 2026Trump thanks Elon Musk over plan to give every American child SpaceX shares
- Benzinga on MSN · Oct 20, 2026Trump thanks ‘legendary friend’ Elon Musk for SpaceX stock gift to American children, Scott Bessent says Trump accounts have already crossed $8 billion
- PRIMETIMER · Oct 19, 2026"A BIG THANK YOU": Trump thanks Elon Musk for his "incredible generosity" in giving SpaceX stock to children
- Insider on MSN · Oct 22, 2026Elon Musk wants to give every American kid a piece of SpaceX. History shows what happens when millions become shareholders overnight
- Seoul Economic Daily · Oct 21, 2026Musk to Give SpaceX Shares to U.S. Children, but Few Parents Claim Trump Accounts