Elon Musk says he plans to donate SpaceX shares to children in the US
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Elon Musk said in a post on X that he plans to donate one SpaceX share to every child in the United States starting next year, as part of the Trump Accounts program. According to Tecnoblog, the contribution could reach US$10.5 billion, an estimate based on a share value of about US$147 and 72 million children; Musk did not specify the age range or operational details.
Trump Accounts provide for a US$1,000 government deposit for children born in the US during Donald Trump’s second term. Parents could make additional contributions, and the funds could not be accessed until beneficiaries turned 18. The initiative has also received donations from SpaceX president Gwynne Shotwell and Micron, while Uber, Intel, IBM and Nvidia reportedly plan to participate, according to Tecnoblog.
Why it matters · editorial interpretation
If carried out, Musk’s planned donation would add a large-scale private contribution to a child savings program initially funded by the government. Its practical impact still depends on the age range and operational details, which were not specified.
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