Veytics Intelligence
2026-10-20 · CNBC

If Elon Musk gifts SpaceX stock through Trump Accounts, it will come with a catch

Elon Musk said on Monday that he will give every kid in America a share of SpaceX next year. He appeared to suggest the gift could land in Trump Accounts — thanking Brad Gerstner, an architect of the program, for "helping enable this" in a comment on X . But if the shares are distributed through the new investment accounts for children, the gift could come with significant strings attached. Musk's announcement comes weeks after the U.S. Department of the Treasury rolled out guidelines for stock donations to Trump Accounts, also known as 530A accounts. Those include restrictions on selling donated stock: Children who receive it generally cannot sell for five years, even if the company runs into financial trouble.

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