Slim
Senior Member
- Nov 12, 2008
- 183
- 271
Elon Musk has announced a plan to give one personal share of SpaceX stock to every child in America in 2027. In a post on his social media platform X on October 19, 2026, Musk wrote, “Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many.”
Key Details of the Pledge
Key Details of the Pledge
- Total Estimated Value: Between $10.5 billion and $11 billion.
- Current Stock Price: SpaceX shares finished trading around $146 to $149.
- Number of Beneficiaries: Reaches approximately 72 to 73 million children under 18 in the U.S..
- Source of Funding: Stock will come from Musk's personal holdings of roughly 4.8 billion shares.
- Trump Accounts: President Donald Trump stated the shares will be distributed through Trump Accounts. These are government-operated, tax-advantaged investment accounts set up by the Treasury Department.
- The Catalyst: The pledge followed an announcement from AI competitor Anthropic to commit 5% of its shares to a public benefit fund. Musk criticized the fund structure and argued companies should distribute shares directly to the public instead.
- Missing Specifics: Musk has not yet clarified exact eligibility rules (such as citizenship requirements) or a precise timeline for the 2027 rollout.
