PANews|Oct 20, 2026 01:39
[U.S. Treasury Secretary Besent: 'Trump Accounts' program has over $8 billion deposited into children's accounts]
U.S. President Trump posted that Elon Musk has donated SpaceX stock to millions of American children through the 'Trump Accounts' program. Trump stated that this aligns with the program's original purpose, which is to encourage private sector involvement in investing in children. The post did not disclose the quantity, value, age range of the recipients, or the distribution timeline of the donated stock. Additionally, according to a post by U.S. Treasury Secretary Besent on the X platform, the program currently has over $8 billion deposited into children's accounts. Besent also called on more philanthropists to participate. Parents can apply for accounts for their children via TrumpAccounts.gov or the Trump Accounts app.
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