Tech · October 19, 2026
Elon Musk Says He Will Give a SpaceX Share to ‘Every Kid in America’
Elon Musk announced plans to donate one share of SpaceX stock to every child in the United States in 2027. Based on current valuations of $146 per share and a population of roughly 70 million children, the total gift is estimated at over $10 billion. The announcement followed a similar commitment from the AI company Anthropic. While Musk stated he intends to give the shares 'directly to the public,' specific logistical details remain unclear, though the Trump administration's 'Trump Accounts' at the Treasury are a potential vehicle for such stock donations.
Read the original coverage
Elon Musk Says He Will Give a SpaceX Share to ‘Every Kid in America’
Read at The New York Times ↗- TechCrunchTrade
Musk pledges to give 'every kid in America' one of his SpaceX shares | TechCrunch
Read at TechCrunch ↗ - The VergeTrade
Elon Musk’s proposed SpaceX stock giveaway would go into ‘Trump Accounts’
Read at The Verge ↗
Reported by multiple outlets
- Elon Musk pledged to give one SpaceX share to every child in America in 2027.
- The current SpaceX share price is approximately $146.
- There are more than 70 million children under 18 in the United States.
- The total value of the gift would exceed $10 billion.
- Musk's announcement followed a pledge by Anthropic to put 5% of its shares into a public benefit fund.
Reported by only some outlets
- President Trump has established 'Trump Accounts' through the Treasury to facilitate stock donations from wealthy donors.
- Musk owns approximately 849 million Class A shares and over 5.5 billion Class B shares of SpaceX.
- Musk spent approximately $300 million to assist Donald Trump's election effort.
Industry-friendly coverage frames it as…
The coverage notes the competitive dynamic between Musk and Anthropic, framing the pledge as a move toward direct public distribution of private equity.
Skeptical / consumer coverage frames it as…
The coverage highlights Musk's past philanthropic record, noting that a majority of his foundation's funds have gone to entities tied to himself.
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