Elon Musk pledged to give one of his SpaceX shares to every child in America next year, and Brad Gerstner, CEO of Altimeter Capital, called this “the tip of the iceberg.” Gerstner told the New York Post that private contributions to Trump Accounts could total $100 billion by the end of 2027. At current prices the gift would be worth roughly $11 billion, nearly double Dell Technologies CEO Michael Dell's record Trump Accounts gift. Trump Accounts are currently limited to citizens under 18, and Gerstner is working to extend eligibility to anyone under 40, possibly within months. Musk's pledge followed Anthropic's pledge of 5% of its shares to a philanthropic fund, and Musk replied recommending that Anthropic give shares directly to the public.
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SpaceXElon MuskDonald Trumpphilanthropy
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TSLA
• NeutralTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/20/2026 | 373.77 |
| Change that session | +1.55% |
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