From LADbible · · 50s
Elon Musk Gives SpaceX Shares to Every US Kid
Elon Musk pledges to distribute SpaceX shares to 72.1 million US minors starting next year.
In brief
Elon Musk pledges to distribute SpaceX shares to 72.1 million US minors starting next year. Elon Musk will give one SpaceX share to each of America's 72.1 million children starting next year. Originally reported by LADbible.
Elon Musk's Wealth Promise
Elon Musk promises to give away portion of his net worth to every kid in America.
“Next year, I will give one of my SpaceX shares to every kid in America.”
US Minor Count
The US has approximately 72.1 million minors under 18.
“According to the U.S. Census Bureau, 21.1 per cent of 341.8 million population are under the age of 18.”
Musk's Net Worth
Musk's net worth is estimated at $908.5 billion.
“According to a Forbes estimation of Musk’s current net worth, it sits at around $908.5 billion.”
SpaceX Share Value
Each SpaceX share is worth $146.03 with 6.42 billion shares held by Musk.
“SpaceX shares sit at $146.03 at the time of writing, and as he is the holder of 6.42 billion SpaceX shares as of June 30”
Musk's Previous Statement
Musk criticized Anthropic's plan to pledge 5 per cent of shares to a public benefit fund.
“I recommend giving the shares directly to the public.”
What it means
Elon Musk will give one SpaceX share to each of America's 72.1 million children starting next year.
