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Brad Gerstner says Musk pledge could spark a $100B giving race

Summary of reporting by Benzinga on MSN·

Brad Gerstner says Musk pledge could spark a $100B giving race

Key points

  • Brad Gerstner said Elon Musk’s pledge to give every American child a SpaceX share is only the start.
  • Gerstner said the move could lead to a larger giving race.
  • He made the comments in remarks reported by Benzinga on MSN.

Benzinga on MSN reports that Brad Gerstner, CEO of Altimeter Capital and one of the investors behind the Trump Accounts, said Elon Musk’s pledge to give every American child a SpaceX share is just "the tip of the iceberg." Gerstner said the pledge could kick off a much larger giving race. The report says he described the move as part of a possible $100 billion competition in charitable giving. Benzinga on MSN attributes the comments to Gerstner.

Original reporting

This page summarizes reporting by Benzinga on MSN, originally published October 20, 2026 at 8:31 AM under the headline "SpaceX stock for every child could kick off $100B giving race, Brad Gerstner says". All rights to the original article belong to Benzinga on MSN.

Continue reading the full story at Benzinga on MSN

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