Trump Looks to Musk to Donate SpaceX Stock as Big Tech Lines up Behind Child Investment Programme
Trump said the SpaceX donation would join pledges from Micron and Michael Dell, as the White House seeks corporate backing for the child savings plan.
- During a CNBC interview on Thursday, President Donald Trump said he expects Elon Musk to donate SpaceX stock to the Trump Accounts program, stating "Well, I think that he will do that."
- Major corporate leaders have already committed billions to the initiative. Michael Dell announced plans to contribute $6.25 billion, while Micron Technology Inc. pledged $250 million to support children's investment accounts.
- Trump characterized his relationship with Musk as strong, describing their past disagreement over electric vehicle subsidies as a "little dispute." Musk has offered no immediate comment on Trump's donation expectations.
- Ahead of the official launch on July 4, executives from Nasdaq and the New York Stock Exchange plan to ring the opening bell from the Oval Office to mark the program's rollout.
- More than six million people have registered for Trump Accounts before its launch, positioning the program as a flagship initiative reshaping economic policy through alliances with major technology leaders.
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'Musk will credit SpaceX stock to Trump A/cs'
President Donald Trump is optimistic that Elon Musk will be donating SpaceX shares to his innovative savings accounts program, joining other tech giants like Michael Dell in their pledges. Trump emphasised his robust relationship with Musk, who once backed his campaign. This tax-advantaged savings initiative is poised to debut this Saturday.
The plan provides for deposits for children born between 2025 and 2028, regardless of their immigration status, with tax advantages and federal support
Donald Trump's government will launch the 'Trump Accounts', a children's investment program with initial support of $1,000.
Trump says he expects Musk to donate SpaceX stock to Trump Accounts, despite their 'little dispute'
President Donald Trump spoke about his and Elon Musk's public falling-out.Kevin Dietsch/Getty ImagesPresident Donald Trump said that he believes Elon Musk will donate SpaceX stock to Trump Accounts.Other billionaires and corporations have pledged to support the program.Trump also referenced a "little dispute" with Musk over electric vehicle subsidies.President Donald Trump said he thinks Elon Musk will donate SpaceX stock to Trump Accounts, the …
U.S. President Donald Trump indirectly pressured Elon Musk—the richest man in the world—to donate SpaceX shares to so-called ‘Trump Accounts’ enabled parents to start a financial investment for their children, whose profits they can withdraw with tax advantages when they have the majority... Continue reading “Donald Trump presses Elon Musk to donate SpaceX shares to so-called “Trump Accounts””” The post Donald Trump pushes Elon Musk to donate Sp…
Is Elon Musk About to Hand Over SpaceX Stock? Trump Claims Trillionaire Will Back Child Savings Scheme
A massive financial legacy programme is quietly taking shape in Washington ahead of its highly anticipated rollout next week. Speculation is mounting over a high-stakes deal between the White House and tech billionaire Elon Musk, which could involve an unprecedented injection of private equity into government-backed children's savings accounts. If finalised, the strategic move could permanently reshape the relationship between the nation's highe…
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