Elon Musk Says Every Kid in America Will Get a SpaceX Share Next Year

TLDR Elon Musk said he will give one of his SpaceX shares to every “kid” in America next year. At Friday’s closing price of $146.03, the gift would be worth a little over $10.5 billion. Musk did not say whether “kid” means everyone under 18, and he did not explain what “first of many” means. SpaceX COO Gwynne Shotwell has already pledged over $320 million in stock for Trump Accounts. SpaceX stock rose about 1% in premarket trading on Monday. Elon Musk said on Monday that he plans to give one of his SpaceX shares to every child in America next year. He made the announcement in a post on X just before 4 a.m. ET.

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