Musk wants SpaceX stake for children, Insider on MSN says
Key points
- Insider on MSN says Elon Musk wants every American child to get a piece of SpaceX.
- President Donald Trump said the more than $10 billion giveaway would go to about 72 million U.S. children.
- Trump said the shares would be transferred through Trump Accounts.
According to Insider on MSN, Elon Musk wants to give every American child a piece of SpaceX. The report says President Donald Trump described the plan as an over $10 billion giveaway for roughly 72 million American children. Trump said the shares would be transferred through Trump Accounts. Insider on MSN also notes that history shows what can happen when millions of people become shareholders overnight.
Original reporting
This page summarizes reporting by Insider on MSN, originally published October 22, 2026 at 2:49 AM under the headline "Elon Musk wants to give every American kid a piece of SpaceX. History shows what happens when millions become shareholders overnight". All rights to the original article belong to Insider on MSN.
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More coverage of this story
- 24/7 Wall St. · Oct 22, 2026Elon Musk Wants to Give Every Kid in America a SpaceX Share. The Tax Rules Behind the Gift Are More Complicated Than It Sounds
- Newspoint on MSN · Oct 21, 2026Elon Musk's big SpaceX announcement: Could 7.3 crore American children become shareholders by 2027?
- PRIMETIMER · Oct 20, 2026Sneako claims Elon Musk is laying the groundwork for a “new world order” after Trump praises his pledge to give a SpaceX stock to every American kid
- TheStreet · Oct 20, 2026Elon Musk wants every American kid to own a SpaceX share
- The Wall Street Journal · Oct 20, 2026Musk Pledged to Give Each American Child a SpaceX Share. Here’s What It Might Cost.
- ET Now · Oct 20, 2026Elon Musk to give SpaceX shares to American children; Trump says ‘a big thank you’ - What are Trump Accounts and how will the plan work?