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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.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a> Elon Musk&nbsp;has vowed to distribute a share of&nbsp;SpaceX&nbsp;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&rsquo;t specify how he intends to make such a donation, he has agreed in principle to distribute the stock through the&nbsp;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.

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Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Musk Plans to Gift SpaceX Shares to Kids Through Trump Accounts

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