Tikvah
Editors’ Pick

November 6, 2026

How One Israeli Bank Is Promoting Capitalism

Spreading financial literacy and economic engagement.

Recently, Elon Musk made headlines for proposing to put single shares of SpaceX stocks into the new, tax-deferred “Trump Accounts” of millions of American children. Israel’s Bank Hapoalim has in fact implemented a scheme along these lines, giving away millions of shares in their publicly traded stock. While the move presumably made good marketing sense for the bank, it also meant that hundreds of thousands of Israelis became first-time shareholders. Sharona Mazalian Levi examines the consequences:

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