will25u said:JUST IN: SpaceX is reportedly in talks with the Trump administration over donating stock to help fund children’s Trump Accounts.
— Polymarket (@Polymarket) June 30, 2026
This was one thing that Cruz mentioned several times when hyping the Trump Accounts in his podcast. NOT SpaceX specific, but charitable funds in general.
There are already numerous ultra wealthy that have pledged to fund eligible Trump Accounts with funds. Most of them are accounts within certain zip codes, such as near where that particular wealthy person lives.
The ultra wealthy are very charitable in general. BUT you are looking at quite literally needing a full time person, or persons, to evaluate and vet requests for donations. For some very worthwhile organizations, $5,000 would be a windfall. Other equally worthwhile organizations spend $5,000 before breakfast and need $5,000,000. SpaceX or Bill Gates, or T. Boone, Bezos, et al would be buried in legitimate requests for $5,000 -- $10,000 and could without blinking underwrite, for example, the Houston Rodeo.
Making contributions to Trump accounts is a way they can easily share their great wealth while also making meaningful investments in those kids futures.