Musk pledges SpaceX shares for every US child
Elon Musk promises SpaceX shares for all US kids next year.
In brief
Elon Musk promises SpaceX shares for all US kids next year. Elon Musk will give each US child a SpaceX share next year. Originally reported by Dawn.
Musk's share pledge
Elon Musk said he will give one SpaceX share to every child in America next year.
“Next year, I will give one of my SpaceX shares to every kid in America”
US child count
There are 73 million children under 18 in the United States according to 2024 census data.
Musk's SpaceX stake
Musk owns 38 percent of SpaceX as reported by Forbes.
Trump's election promise
US President Donald Trump promised $5000 to adults if his party retains congressional control in November elections.
SpaceX IPO record
SpaceX raised $85.7 billion in its largest initial public offering in June.
Starship milestone
SpaceX's Starship megarocket reached orbit for the first time in September.
Public reaction
Some commenters called Musk's plan a great move while others said it was just election ploy.
The bottom line
Elon Musk will give each US child a SpaceX share next year.