Elon Musk promised early Monday to give one of his SpaceX shares to every little one in America next yr – teasing that the unprecedented giveaway “will be the first of many.”
“Next year, I will give one of my SpaceX shares to every kid in America,” the Space X and Tesla tycoon wrote on X – a post that was seen practically 6 million occasions in just hours.
“This will be the first of many,”
Elon Musk speaks during an occasion to mark the launch of the America.gov web site on Tuesday, Sept. 29, 2026. AP Photo/Mark Schiefelbein
President Donald Trump presents the National Medal of Science to Elon Musk during the “Golden Age of American Innovation Summit.” AFP via Getty Images
Musk — the world’s first trillionaire — did not element how he plans to allocate the shares.
There were 72 million youngsters in the US under 18, according to census knowledge from July, and this would equate to Musk gifting away around $10.5 billion value of shares.
SpaceX’s closing stock price stood at $146.03 when markets closed Friday.
A basic view reveals a SpaceX brand displayed on a smartphone in entrance of a stock ticker on a laptop computer. Christopher Sadowski for NY Post
Musk’s promise comes scorching on the heels of him criticizing AI security and analysis company Anthropic’s plan to set apart 5% of its shares to a new “public benefit” fund.
“I recommend giving the shares directly to the public,” Musk said Sunday, critiquing Anthropic’s plans. “This is what I will be doing.”
With Post wires
