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Elon Musk says he’ll give a SpaceX share to every child in America next year

Musk said the giveaway would total about $10.5 billion and could reach roughly 72 million children, but he gave no details on how it would work.

  • On Monday, SpaceX CEO Elon Musk announced plans to give one SpaceX share to every child in the United States in 2027, describing the proposal as "the first of many."
  • The initiative would reach 72 million children under 18 in the United States as of July 1, 2025, representing about $10.5 billion in value based on the $146 share price.
  • Musk has not defined eligibility criteria, specified whether shares will be held in trust or transferred directly, or explained how SpaceX will verify recipients for this distribution.
  • A recent demonstration of the Tesla Roadster at a SpaceX facility in Texas occurred days before this announcement, though Musk has not linked the share giveaway to other company projects.
  • With a 48.4% beneficial stake in SpaceX, Musk is the company's largest shareholder and the world's richest person positioning himself as a major benefactor through this initiative.
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Elon Musk, the richest man in the world and the general manager of SpaceX, on Monday, said he wanted to give a SpaceX action in 2027 "to every child in the United States, according to CNBC. "Next year, I will offer a few...

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Elon Musk announced he will give every child in America shares of SpaceX next year, following competitor Anthropic's donation of 5% of its shares to a fund to mitigate the impact of AI job displacement.

Lean Right

Elon Musk promised to distribute a stake in SpaceX to every American child, announcing the initiative a few hours after the competitor in the artificial Anthropic intelligence sector claimed that I would reserve a portion of their earnings for "public benefit." Next year, I will give one of my SpaceX shares to every child in the United States, wrote the company's CEO on the social network X, of which he owns. This will be the first of many.

·Rio de Janeiro, Brazil
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EL NACIONAL broke the news on Monday, October 19, 2026.
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