From Inc · · 50s
Elon Musk Wants Every U.S. Child to Own SpaceX Stock
Elon Musk plans to give SpaceX shares to every U.S. child, sparking expert questions about feasibility and benefits.
In brief
Elon Musk plans to give SpaceX shares to every U.S. child, sparking expert questions about feasibility and benefits. Elon Musk proposed giving SpaceX shares to every U.S. child, but legal experts question how the plan would work and who would benefit. Originally reported by Inc.
Elon Musk's SpaceX Share Plan
Elon Musk announced he would give a share of SpaceX to every U.S. child next year.
Estimated Value of Plan
With 72 million U.S. minors, the transfer could be worth over $10 billion, a sliver of Musk's $900 billion ownership.
Legal Experts' Views
Ann Lipton, a law professor at the University of Colorado Boulder, says Musk might want public favor for SpaceX.
Expert Doubts on Intent
Other experts have expressed doubt about Musk’s intentions behind the promise.
At a glance
Elon Musk proposed giving SpaceX shares to every U.S. child, but legal experts question how the plan would work and who would benefit.
