Key facts
- President Donald Trump expects Elon Musk to donate SpaceX stock.
- The donation is intended for the Trump Accounts program.
- Trump Accounts are for children born between 2025 and 2028.
- There was a past disagreement over EV subsidies.
- Iranian Parliament Speaker Mohammad Bagher Ghalibaf responded to Trump's claims.
- Ghalibaf stated Trump was projecting US economic woes onto Iran.
- Ghalibaf referenced food stamp usage in the US.
President Donald Trump anticipates that Elon Musk will contribute SpaceX stock to the administration's new Trump Accounts program. This program is intended to establish investment accounts for children born within a specific timeframe, from 2025 to 2028. The expectation of Musk's donation comes despite a previous dispute between the two figures concerning electric vehicle subsidies.
In a separate development, Iranian Parliament Speaker Mohammad Bagher Ghalibaf addressed remarks made by President Trump regarding Iran's economic situation and its potential to export food. Ghalibaf asserted that President Trump was projecting the United States' own economic difficulties onto Iran. He pointed to the prevalence of food stamp usage within the U.S. as evidence of domestic economic struggles, countering Trump's narrative about Iran's economy.