May 18, 2026

Elon Musk Says Trump Account Contributions Are 'Nice Gesture' But Unnecessary — 'There Will Be No Poverty In The Future And So No Need To Save Money'

a person holding up a cell phone with a stock chart on it
PiggyBank / Unsplash

For most people, a conversation about children's savings accounts usually ends somewhere around compound interest and responsible adulthood. Then Tesla and SpaceX CEO Elon Musk showed up and turned it into a discussion about whether artificial intell...