From TokenPost · · 40s
Musk Pledges SpaceX Shares for U.S. Kids in 2027
Elon Musk promises to give one SpaceX share to every American child by 2027, but details remain unclear.
In brief
Elon Musk promises to give one SpaceX share to every American child by 2027, but details remain unclear. Elon Musk pledged one SpaceX share per U.S. child in 2027 without specifying eligibility or distribution. Originally reported by TokenPost.
Musk's Share Pledge
Elon Musk pledged one SpaceX share to every kid in America for 2027 without specifying eligibility or distribution.
“Musk said Oct. 19 he would give one of his SpaceX shares to every kid in America next year.”
Trump Accounts Clarification
Trump Accounts are investment accounts for children under Treasury regulations effective Sept. 30.
“Treasury regulations effective Sept. 30 allow qualifying publicly traded shares issued by a domestic corporation to be contributed directly to accounts for a defined group of children.”
Musk's Unspecified Details
Musk did not define which children qualify or how shares would be distributed within 2027.
“Musk’s pledge did not specify an age cutoff, eligibility criteria or a distribution date within 2027.”
The takeaway
Elon Musk pledged one SpaceX share per U.S. child in 2027 without specifying eligibility or distribution.
