Elon Musk announced his intention to donate SpaceX shares to children residing in the United States. Although operational details have not yet been disclosed, this potential contribution could reach $10.5 billion (equivalent to R$ 52.5 billion).
In a post on the X platform, the billionaire explained that the proposal would be implemented using the Trump Accounts program. This program was conceived with the aim of fostering the financial autonomy of children born in the country during the current president's second term.
The initiative already has the support of other important entities. Besides Musk, SpaceX's own president, Gwynne Shotwell, and semiconductor manufacturer Micron have made significant donations, totaling $6.2 billion (R$ 31 billion) and $250 million (R$ 1.2 billion), respectively. This measure comes amid midterm elections in the United States.
In his post on X/Twitter, the Tesla CEO did not specify the exact amount of the donation or the age group benefiting. The estimate of $10.5 billion was calculated based on the current value of each SpaceX share (approximately $147, or R$ 740 in direct conversion) multiplied by the 72 million children in the United States. Musk stated that the distribution would begin next year and would only be the first of several such acts.
Other corporations, such as Uber, Intel, IBM, and Nvidia, have also expressed plans to participate in this project, joining SpaceX and Micron. In response to Brad Gerstner, one of the architects of the Trump Accounts, Musk expressed gratitude, saying: 'Thank you for helping to make this possible.'
The central purpose of the Trump Accounts is to ensure the financial independence of children in the United States. All children born during President Donald Trump's second term, who has been in office since 2024, automatically receive an account with an initial deposit of $1,000 (R$ 5,000) provided by the government.
Parents also have the option to deduct up to $2,500 (R$ 7,500) annually from pre-tax income, which is deducted from the salary before income tax calculation. Additionally, parents are allowed to invest their own funds, with an annual limit of $5,000 (R$ 25,000).
A crucial aspect of the program is that the funds in these accounts remain inaccessible until the children turn 18, under penalty of fines according to the country's retirement laws. This implies that a family relying solely on the $1,000 deposited by the government in 2026 will have a projected amount of just under $4,000 in 2044, assuming an annual return of 7% in the Trump Accounts.