Trump thanks Elon Musk for donating SpaceX stock to children through Trump Accounts

Trump thanks Elon Musk for donating SpaceX stock to children through Trump Accounts

Trump praises Elon Musk for his generosity in giving SpaceX stock to millions of American children through the newly created custodial retirement accounts.

Richard Miniter
First Published: October 19, 2026, 4:47 PM ET

— Donald J. Trump thanked billionaire Elon Musk for donating SpaceX stock to millions of American children through a newly established custodial retirement program.

Here is the full post on truthsocial: “A BIG THANK YOU to our legendary friend, Elon Musk, for his incredible generosity in giving SpaceX Stock to millions of American children through TRUMP ACCOUNTS! This is exactly what was envisioned when we created TRUMP ACCOUNTS — Bringing together the GREAT PRIVATE SECTOR, Elon and so many more, to invest in our children, by far our greatest and most important asset, and give every American Child a piece of the American Dream. Thank you Elon! Trump” on October 19, 2026 at 4:41 PM ET.

This is Trump’s 21st message released today, and the last post was 1 hour ago, and it is not part of a thread. On average, Trump produces 17 posts per day since his inauguration on January 20, 2025. The move fits a broader pattern in Trump’s recent messaging, with 13 of his 624 posts over the last 30 days classified as Trump Business & Personal Brand posts.

President Donald J. Trump posed at Washington D.C.
C2PA

President Donald J. Trump posed at Washington D.C.

Daniel Torok / the White House

Congress created these custodial retirement accounts in 2026 to allow families to invest for U.S. citizens under 18, according to wellsfargo. Annual contributions are generally capped at $5,000 per child, according to wellsfargo.

Zenger analysis
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Zenger analysis

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President Trump is the author of The Art of the Deal, Think Like a Billionaire, and Think Big. Analyst and Trump supporter Rod Martin points to The Art of the Deal, Trump's 1987 book, as an explanation of his deal-making philosophy: making big announcements, pivoting often in public statements and, Martin says, ultimately getting what he wanted all along. Critics contend that Trump's books were published decades ago or were aimed at making money, not shedding light. "Generally," Martin said, "critics don't read The Art of the Deal. If they did, they would understand."


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