19-Oct-2026 13:57:57
Elon Musk Pledges One SpaceX Share for Every American Child; Potential Giveaway Worth $10.7 Billion
Elon Musk has pledged to give one SpaceX share to every child in America next year, calling it the first of many such initiatives. The US has approximately 73.5 million children under 18. At SpaceX’s latest closing price of $146.03 on October 16, distributing one share to each child would cost approximately $10.7 billion. The proposed giveaway would make millions of children shareholders in the rocket and satellite company, although eligibility and implementation details remain unconfirmed.