Donald Trump and Elon Musk issue major economic promises to Americans

Donald Trump has promised that Americans could receive $5,000 checks if Republicans secure majorities in both the House and the Senate during the upcoming congressional elections on November 3. While acknowledging that the cost could exceed $1 trillion, the proposal has raised concerns regarding budget deficits and inflation. Potential funding sources suggested by the White House include trade agreements, foreign investment obligations, and revenues from oil and mineral sectors.

In a related development, Elon Musk announced via the social media platform X that he intends to donate one share of SpaceX to every child in the United States next year. While specific technical details and conditions of this plan have not been disclosed, estimates suggest that at current valuations, the total value of the shares for approximately 73 million children could exceed $10 billion. This announcement follows similar high-profile economic pledges made during the current political cycle.