Musk Proposes Direct Treasury Payments Instead of AI Equity Stakes, as SpaceX IPO Pushes Net Worth Past $1 Trillion

According to Musk's X post on June 20, 2026, the billionaire proposed direct Treasury payments to the public instead of government ownership stakes in major AI companies. Musk argued that AI and robotics would drive productivity growth exceeding money supply expansion, resulting in deflation rather than inflation. His statement responded to Vice President JD Vance's openness to taking equity positions in major AI firms. The proposal comes days after SpaceX's IPO, priced at $135 per share, pushed Musk's net worth past $1 trillion, making him the world's first trillionaire according to wealth trackers.
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