Elon Musk’s proposed SpaceX stock giveaway would go into ‘Trump Accounts’

President Donald Trump announced this day that Elon Musk's SpaceX shares for children volition beryllium fixed done Trump Accounts. Musk said earlier today that helium would springiness 1 of his SpaceX shares to "every kid successful America" sometime adjacent year. Musk had thanked Trump Account booster Brad Gerstner for "helping alteration this," and Trump appeared to corroborate the program successful a station connected Truth Social.

Given the worth of SpaceX's banal connected Friday, 72 cardinal shares would beryllium worthy astir $10.5 billion, according to CNBC. "This volition beryllium the archetypal of many," Musk said.

Michael and Susan Dell, Ray and Barbara Dalio, Gerstner, and SpaceX president Gwynne …

Read the afloat communicative astatine The Verge.