From Variety · Todd Spangler · · 40s
Elon Musk Shares SpaceX Stock with Every American Kid
Musk pledges to give one SpaceX share per child in America, worth over $10.5 billion.
In brief
Musk pledges to give one SpaceX share per child in America, worth over $10.5 billion. Elon Musk will distribute one SpaceX share to each child in the U.S., a giveaway valued at over $10.5 billion. Originally reported by Variety.
Musk's Share Giveaway
Elon Musk announced he will give one SpaceX share to every child in America next year, a giveaway worth over $10.5 billion.
“Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many.”
Musk's Wealth Context
Musk owns 6.42 billion SpaceX shares, representing a 48.4% stake, with a net worth of $908 billion.
Giveaway Value
The giveaway would distribute over $10.5 billion in value across all American children.
The headline
Elon Musk will distribute one SpaceX share to each child in the U.S., a giveaway valued at over $10.5 billion.
