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President Donald Trump thanked SpaceX CEO Elon Musk on Monday for pledging to give his company’s stock to every child who is participating in the Trump Accounts retirement program. “A BIG THANK YOU to our legendary friend, Elon Musk, for his incredible generosity in giving SpaceX Stock to millions…
President Donald Trump announced this afternoon that Elon Musk's SpaceX shares for children will be given through Trump Accounts. Musk said earlier today that he would give one of his SpaceX shares to "every kid in America" sometime next year. Musk had thanked Trump Account booster Brad Gerstner…
"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: TD Head of ETF Sales & Strategy Andres Rincon, State Street Head of Research Strategists Matthew Bartolini, T. Rowe Price Head of…
Matthew Bartolini, global head of research strategists, at State Street Investment Management, joins Isabelle Lee and Eric Balchunas on "Bloomberg ETF IQ." They discuss the Trump Accounts after Elon Musk announced this morning that he would distribute a share of SpaceX to each child in the US.…
Matthew Bartolini, global head of research strategists, at State Street Investment Management, joins Isabelle Lee and Eric Balchunas on "Bloomberg ETF IQ." (Source: Bloomberg)
Elon Musk announced he will give every child in the United States stock in his company SpaceX, a maneuver that is possible thanks to the implementation of the Trump Accounts program. Musk, the founder of SpaceX, Tesla, and other ventures, made the announcement Monday morning. He holds billions of…
Michael Dell and Susan Dell are the biggest private donors to Trump Accounts, with a $6.25 billion pledge putting $250 into the investment accounts of 25 million American children. Before this, their home state of Texas was the main focus of their philanthropy. In April, the couple committed $750…
“Innovation Accounts” would give adults a stake in technology stocks—and a chance to share in AI-driven wealth.
Private gifts should make public dollars work better, not compensate for what government fails to deliver.
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- Country: United States
The Treasury Department has created Trump Accounts for every eligible child, automatically enrolling more than 60 million. The expansion also comes with changes to how the program works. Donors can now donate individual stocks that families can't choose or reject and must keep for five years. Amna…