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Trump Says Musk Is Giving SpaceX Stock Through Trump Accounts

Summary of reporting by 24/7 Wall St.·

Key points

  • Trump said Musk is giving SpaceX stock to children through Trump accounts.
  • 24/7 Wall St. said fewer than 1% of the 60 million auto-enrolled accounts were claimed in the first week.

According to 24/7 Wall St., Trump said Musk is giving SpaceX stock to millions of children through Trump accounts. The outlet said Trump pointed to that as proof the accounts are working.

24/7 Wall St. also reported that the enrollment numbers were more complicated than that claim suggested. It said fewer than 1% of the 60 million auto-enrolled accounts were claimed in the first week.

Original reporting

This page summarizes reporting by 24/7 Wall St., originally published October 21, 2026 at 8:14 PM under the headline "Trump Says Musk Is Giving SpaceX Stock To Millions Of Kids Through Trump Accounts, But Fewer Than 1% Of The 60 Million Auto-Enrolled Accounts Were Claimed In Week One". All rights to the original article belong to 24/7 Wall St..

Continue reading the full story at 24/7 Wall St.

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