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Less than 1% of 60M auto-enrolled kids claimed SpaceX shares promised by Musk via Trump Accounts in week one.

Market News
21 Oct 2026
24/7 Wall Street
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Bullish
Less than 1% of 60M auto-enrolled kids claimed SpaceX shares promised by Musk via Trump Accounts in week one.

Elon Musk pledged to give SpaceX shares to every American child next year, a move praised by former President Trump who linked it to Trump Accounts. However, fewer than 1% of the 60 million auto-enrolled accounts were claimed by parents in the first week, meaning most children have yet to receive or access these shares. Musk has not detailed how shares will be distributed or eligibility criteria. The slow claiming rate raises questions about the program's reach and effectiveness. Observers await official plans from Musk, SpaceX, or Treasury and updated claiming statistics by the November 30 comment deadline.

SpaceX shares trade at USD 158.41 on Pluang as of Oct 22, 2026 03:11 WIB, up 7.19% in one day. The stock's market cap stands at $2.01 trillion, reflecting strong investor interest despite the slow uptake of Musk's share distribution program. Pluang data shows a balanced order activity with 52% selling and 48% buying, and a typical hold time of 44 days.

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