Musk pledges SpaceX share to every American child next year
Summarised from 4 outlets · Updated 19 Oct, 10:38 · Archive
Elon Musk said he will give one SpaceX share to every child in the United States in 2026.
Elon Musk announced Monday that he will give one SpaceX share to every child in the United States next year. He did not provide details on how the share giveaway would be implemented. Musk said in a post on X that 'this will be the first of many', without explaining the mechanics of the distribution.
Musk currently owns about 4.8 billion SpaceX shares, according to an August SEC filing, with that figure rising to 6.4 billion when including unvested awards and stock options, representing a 48.4% beneficial stake in the company. With approximately 72 million children under 18 in the United States as of July 2025, the giveaway would distribute roughly $10.5 billion worth of shares at SpaceX's recent share price of $146.03. SpaceX has not yet responded to requests for further comment.
How it is being reported
- Musk pledges to give ‘every kid in America’ one of his SpaceX sharesThat's more than $10 billion in shares, or around 1% of Musk's current net worth.TechCrunch · 19 Oct, 13:42
- Elon Musk pledges to give a SpaceX share to every U.S. childThe SpaceX CEO wrote on social media on Monday that the gift "will be the first of many."CBS News · 19 Oct, 12:51
- Elon Musk vows to give SpaceX shares to every child in America in 2027, teases more to comeElon Musk promised Monday to give one of his SpaceX shares to every child in America next year – teasing it “will be the first of many.”New York Post · 19 Oct, 12:10
- Elon Musk says he'll give a SpaceX share to every child in America next yearThe SpaceX boss said Monday that he'll give one of his company shares to every child in the U.S. next year. He didn't say how the share giveaway would happen.CNBC · 19 Oct, 10:14
In this story: Elon Musk · SpaceX · United States
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