Starcast Join the waitlist
Bloomberg Businessweek

Bloomberg Businessweek

Musk Plans to Gift SpaceX Shares to Kids Through Trump Accounts

Oct 20, 2026 · 7m

Coming soon to iPhone. Already have it? “Listen in Starcast” takes you straight there.

On this episode

About this episode

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF Elon Musk has vowed to distribute a share of SpaceX to each child in the US, a multibillion-dollar pledge that adds to a string of sizable donations from the tech industry for the benefit of the American public. While Musk didn’t specify how he intends to make such a donation, he has agreed in principle to distribute the stock through the Trump Accounts initiative, according to a person familiar with the matter. For a closer look, we speak with Bill Allison, Bloomberg News Campaign Finance Reporter. See omnystudio.com/listener for privacy information.