There are 72 million children under 18 in the U.S., according to U.S. Census data. Handing a share to every one of them would amount to about $10.5 billion worth of shares, based on the stock price at closing on Friday.
Elon Musk pledged to distribute a share of SpaceX to each American child, posting the move just hours after artificial intelligence competitor Anthropic PBC said it would set aside a portion of its shares for the public benefit.
Elon Musk said Monday he'd give one of his shares in SpaceX to every "kid" in America next year. Why it matters: It'd be a roughly $11 billion giveaway at current stock prices, nearly double Michael Dell's record-breaking Trump accounts gift.
Musk’s announcement came hours after he reacted to Anthropic’s plan to dedicate 5% of its shares to a public benefit fund by urging it to give shares to the public instead.
Elon Musk said he plans to give one SpaceX share to every child in the United States next year, a pledge that could reach roughly 72 million children and be worth about $10.6 billion at recent share prices.
Elon Musk reacts after being awarded the National Medal of Science during the “Golden Age of American Innovation Summit” at the Institute of Peace in Washington, D.C., on Oct. 8, 2026.
Elon Musk pledged to give every American child a SpaceX share next year, following an exchange with Anthropic over the AI company's plans to dedicate equity to public benefit.
By Anna Cooban, CNN London (CNN) — Elon Musk has said he will give every child in America a stake in SpaceX, his $2 trillion aerospace and artificial intelligence company, as tech firms face intensifying scrutiny over their impact on society.
Quick Highlights The pledge: Elon Musk says he will give one SpaceX share to every child in America in 2027. 72 million children: Roughly 72 million Americans under 18 could qualify for the giveaway. $10.
Billionaire Elon Musk on Monday pledged to give one share of his company SpaceX to “every kid in America” next year. The offer arrived a day after artificial intelligence company Anthropic announced in a social media post that it will commit 5% of its shares to a new “public benefit” fund.
SpaceX is in hot water over a decision to throttle back its Starlink and Starshield service in Ukraine last week, a decision for which nobody seems to have made.
Tech mogul Elon Musk said Monday he will give one of his SpaceX shares to every child in the U.S. next year. “This will be the first of many,” Musk wrote in a post on the social platform X, which he also owns and is technically part of SpaceX. He did not specify how he...
The offer arrived a day after artificial intelligence company Anthropic announced in a social media post that it will commit 5% of its shares to a new "public benefit" fund.
Is Elon Musk aiming to share a piece of his staggering wealth — or is he trying to build a new generation of investors in his SpaceX? Early Monday, the tech mega-billionaire posted on X, “Next year, I will give one of my SpaceX shares to every kid in America. This will be the first […]