The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Elon Musk has vowed to distribute a share of SpaceX to each child in the US, a multibillion-dollar pledge that adds to a string of sizable donations from the tech industry for the benefit of the American public. While Musk didn’t specify how he intends to make such a donation, he has agreed in principle to distribute the stock through the Trump Accounts initiative, according to a person familiar with the matter.

For a closer look, we speak with Bill Allison, Bloomberg News Campaign Finance Reporter.