Trump Seeks SpaceX Stock Donation for New Children's Savings Accounts

President Donald Trump plans to launch "Trump Accounts"—individual retirement accounts for children under 18—on July 4th, with 6 million children already enrolled. According to a person familiar with the discussions, Trump’s administration has approached SpaceX about donating stock to seed the accounts, though it remains unclear whether a donation will occur or how it might affect account values. As an added incentive, any child born between 2025 and 2028 will receive a one-time $1,000 government contribution through the program.