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Story summary
- U.S. Treasury approved billionaire donations of stock to children’s Trump Accounts on July 2 2026.
- The White House will contribute $1,000 for each child born Jan. 1 2025–Dec. 31 2028.
- Elon Musk pledged about $10.7 billion, giving one SpaceX share to every U.S. child under 18.
- President Gwynne Shotwell of SpaceX will give shares to Trump Accounts for two million children ages 11-17.
- James Vrachas warned shares cannot be sold for five years or until child turns 17.