'Musk will credit SpaceX stock to Trump A/cs'

President Donald Trump is optimistic that Elon Musk will be donating SpaceX shares to his innovative savings accounts program, joining other tech giants like Michael Dell in their pledges. Trump emphasised his robust relationship with Musk, who on...

President Donald Trump said he thinks Elon Musk will donate SpaceX stock to the Trump accounts initiative, following other technology executives who have embraced the new investment vehicles for children.

"Well, I think that he will do that," Trump said in an interview Thursday on CNBC when asked about the possibility.

"Micron, which is a great company, just did it. Michael Dell is a fantastic guy," he added, citing others who have also pledged money to the effort.


SpaceX last month made history with the biggest-ever IPO, raising $86 billion and making Musk, the founder, the world's first trillionaire. Trump said he congratulated Musk on that achievement.

"I wrote him a note. I said, 'Congratulations, very good.' I have a very good relationship with Elon. Elon and I had a little disagreement," Trump said.

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"He liked me, still likes me."

He was referring to his complicated history with Musk, the world's richest man. Musk threw his wealth behind Trump's 2024 campaign and went on to spearhead an effort to slash the size of the federal government.

They had a falling out over Trump's massive tax-and-spending package last year, which Musk said would raise the US deficit. The two have since repaired their relationship.

The tax-advantaged Trump savings accounts that the president previously announced will launch on Saturday.
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