President Trump plans to launch a new children's savings account called Trump Accounts on July 4, which are individual retirement accounts for children under 18 with a Social Security number. SpaceX has discussed donating stock to these accounts, according to a person familiar with the talks, though it remains unclear if the donation will occur. So far, 6 million children have signed up, and the government will provide a one-time $1,000 contribution for children born between 2025 and 2028.
SpaceX in talks to donate stock to Trump's new children's savings accounts
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