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Trump thanks Musk for SpaceX stock gift to American children

Summary of reporting by Benzinga on MSN·

Key points

  • Trump thanked Elon Musk for pledging Space Exploration Technologies Corp. stock to American children.
  • Treasury Secretary Scott Bessent said the donation would add to Trump accounts, which he said have already crossed $8 billion.

According to Benzinga on MSN, President Donald Trump thanked Elon Musk on Monday for pledging Space Exploration Technologies Corp. stock to American children. The report says Trump called Musk a "legendary friend" in connection with the gift.

Benzinga on MSN also reported that Treasury Secretary Scott Bessent said the donation would add to Trump accounts. Bessent said those accounts have already crossed $8 billion.

Original reporting

This page summarizes reporting by Benzinga on MSN, originally published October 20, 2026 at 2:47 AM under the headline "Trump thanks ‘legendary friend’ Elon Musk for SpaceX stock gift to American children, Scott Bessent says Trump accounts have already crossed $8 billion". All rights to the original article belong to Benzinga on MSN.

Continue reading the full story at Benzinga on MSN

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