White House · SpaceX · Donald Trump · Bitcoin · New York · U.S. · Bitcoin.com News
SpaceX president Gwynne Shotwell announced she would donate shares of SpaceX to more than two million accounts
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Investor Anthony Pompliano, who attended the Oval Office event, wrote that the program “may have the most bipartisan support of anything I have ever seen,” describing the launch as a rare point of agreement on giving every child ownership in American markets.
Key facts
- The accounts are free to open for every U.S. citizen under 18, and children born between Jan. 1, 2025, and Dec. 31, 2028, receive an automatic $1,000 seed investment from the federal government
- The White House said more than six million Trump Accounts had already been requested at launch, with over 86% coming from families earning less than $200,000 a year
- President Trump rang the opening bells of both the New York Stock Exchange and the Nasdaq remotely from the Oval Office on Monday, marking the first day of trading for Trump Accounts
- Corporate America has signed on as well, with more than 50 companies committing to making Trump Account contributions for their employees’ children, joining a gift from philanthropists Michael
Summary
President Donald Trump declared himself “a big crypto guy” when asked whether bitcoin could be added to the newly launched Trump Accounts, as he rang the market opening bells from the Oval Office. Trump Accounts went live July 6 with a $1,000 federal seed for children born from 2025 through 2028. The White House said over 6 million accounts were requested, with $800 million entering markets this week. Asked about adding bitcoin to the accounts, Trump replied “I’m a big crypto guy,” hinting at an opening. President Trump rang the opening bells of both the New York Stock Exchange and the Nasdaq remotely from the Oval Office on Monday, marking the first day of trading for Trump Accounts, the government-seeded investment accounts for American children created under the 2025 tax-and-spending law.