Elon Musk’s proposed SpaceX stock giveaway would go into ‘Trump Accounts’
Posts from this topic will be added to your daily email digest and your homepage feed.
TL;DR
- Elon Musk plans to give one SpaceX share to "every kid in America" next year.
- These shares will be distributed through 'Trump Accounts'.
- 60 million tax-advantaged accounts for children were automatically created in October.
- Over 70 million Trump Accounts have been created in total.
- The estimated value of 72 million SpaceX shares is $10.5 billion.
- Michael and Susan Dell, Ray and Barbara Dalio, Brad Gerstner, and Gwynne Shotwell have also pledged contributions to Trump Accounts.