Forbes Media Chairman and editor-in-chief Steve Forbes discusses Elon Musk’s SpaceX stock giveaway, the looming $2 trillion federal deficit and the economic stakes ahead of the midterms. #foxbusiness #varney 00:00 — Elon Musk announces SpaceX stock giveaway for American kids 01:53 — Steve Forbes: Stock ownership can “save free markets and capitalism” 02:30 — Forbes calls Musk’s plan a new form of philanthropy 03:10 — Can Washington rein in the $2 trillion federal deficit? 04:05 — Forbes warns what election results could mean for bond markets Subscribe to Fox Business: https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours. Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness Follow Fox Business on Twitter: https://twitter.com/foxbusiness Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness