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Trump praises Musk over reported $10 billion SpaceX stock pledge

Summary of reporting by Insider on MSN·

Trump praises Musk over reported $10 billion SpaceX stock pledge

Key points

  • Insider on MSN says Trump praised Elon Musk’s generosity on Monday.
  • The report says Musk had pledged $10 billion in SpaceX stock for children.
  • Trump called Musk a "legendary friend," according to the source.

According to Insider on MSN, President Trump praised Elon Musk’s generosity on Monday after a reported $10 billion SpaceX stock pledge for children. The source says Trump called Musk a "legendary friend." Insider on MSN notes that the two have had a rocky relationship, but says Trump used the praise during his remarks about Musk. The report does not add further details about the pledge or how the stock would be used.

Original reporting

This page summarizes reporting by Insider on MSN, originally published October 20, 2026 at 5:01 AM under the headline "Trump praises Elon Musk's incredible generosity over $10 billion SpaceX stock pledge for kids". All rights to the original article belong to Insider on MSN.

Continue reading the full story at Insider on MSN

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