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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 be the first of many, but he gave no details on how the shares would be distributed or administered.
- 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 is promising SpaceX shares to children in the US, but he will have to explain the details of how he would do it.
·Ljubljana, Slovenia
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‘The first of many’: Elon Musk announces plan to give every child in America a single share of SpaceX stock * WorldNetDaily * by Jim Hoft, The Gateway Pundit
With roughly 72 million children under 18 in the U.S., the gift is valued in the neighborhood of $10.5 billion
·Washington, United States
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Elon Musk said he will give all children in the United States a stake in SpaceX, his aerospace and artificial intelligence company valued at $2 billion, at a time when technology companies face scrutiny every time...
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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Total News Sources362
Leaning Left47Leaning Right68Center76Last UpdatedBias Distribution40% Center
Bias Distribution
- 40% of the sources are Center
40% Center
L 25%
C 40%
R 35%
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