Altimeter Capital CEO Brad Gerstner stated on Wednesday that Elon Musk's plan to gift $10.5 billion worth of SpaceX shares to American children through Trump Accounts could be just the beginning of a broader philanthropic movement. Gerstner, an architect of the new tax-deferred investment accounts for kids, aims to raise $100 billion over the next 12 months from major tech CEOs and founders to sponsor all U.S. children. The U.S. Treasury recently rolled out temporary regulations allowing Trump Accounts to hold donated individual stocks, a change from previous guidelines that only permitted diversified index funds. Gerstner also revealed a push to expand access to Trump Accounts to all U.S. citizens under age 40, which would require legislative change.