# Trump Claims Musk Gives SpaceX Stock To Kids

> Trump says Musk gave SpaceX stock to millions of kids via Trump Accounts, but fewer than 1% claimed in week one.
- Title: Trump Claims Musk Gives SpaceX Stock To Kids · 24/7 Wall St.
- Summary: Trump says Musk gave SpaceX stock to millions of kids via Trump Accounts, but fewer than 1% claimed in week one. Trump claims Musk promised SpaceX stock to…
- Keywords: trump accounts, elon musk, space x, spacex stock, kids, trump, musk, space x stock, space x shares, trump accounts enrollment, space x shares distribution, space x stock claims
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/10/21/trump-says-musk-is-giving-spacex-stock-to-millions-of-kids-through-trump-accounts-but-fewer-than-1-of-the-60-million-auto-enrolled-accounts-were-claimed-in-week-one
- Author: AJ Tiarsmith
- Published: 2026-10-21T20:14:22+00:00
- Read time: 1 min
- Topics: trump accounts, elon musk, space x, spacex stock, kids, trump, musk, space x stock, space x shares, trump accounts enrollment, space x shares distribution, space x stock claims
## Trump Tied Gift to Trump Accounts
Trump praised Musk's 'incredible generosity' for giving SpaceX stock to kids through Trump Accounts.

> Trump said the gift is what he foresaw when the accounts were created
## Musk Promised SpaceX Shares To Kids
Musk pledged one SpaceX share to every kid in America for next year without defining 'kid' or delivery method.

> Musk posted on X around 4 a.m. ET on Oct. 19 that next year he would give one of his SpaceX shares to 'every kid in America'
## 60 Million Accounts Auto-Enrolled
Treasury auto-enrolled over 60 million children under 18 with valid Social Security numbers on Oct. 1.

> On Oct. 1, Treasury auto-enrolled more than 60 million children under 18 who have a valid Social Security number
## Fewer Than 1% Claimed
Only 164,000 accounts, or under 0.3%, were claimed in week one by parents through the app or trumpaccounts.gov.

> Bloomberg Law reported that 164,000 accounts, or under 0.3%, were claimed in week one
## Musk's Share Distribution Plan
Musk has not confirmed how shares would be distributed, though he pledged shares for next year.

> As of publish time, Musk had not confirmed how the shares would be distributed
## Rules For Donated Stock
Families can't turn down donated shares and generally can't sell them until five years pass or the child turns 17.

> InvestmentNews says families can't turn down donated shares and generally can't sell them until five years pass or the year the child turns 17 ends
## Key takeaway

Trump claims Musk promised SpaceX stock to every American child through Trump Accounts, but under 1% of 60 million auto-enrolled accounts were claimed in week one.