Story perspectives

Musk pledges 1 SpaceX share to every U.S. child

By Drooid · Oct 19, 2026, 9:57 PM UTC · How we work

Summary

Elon Musk Shares Giveaway

Elon Musk pledged to give one SpaceX share to every U.S. child next year.
He announced the plan in an early-morning X post, calling it “the first of many.”
With roughly 72 million children, the giveaway values about $10.5 billion at the $146.03 share price.
Musk’s gift represents about 1 % of his fortune, after criticizing Anthropic’s 5 % public-benefit share plan.

Summary

SpaceX IPO Record

SpaceX completed a record-setting $85.7 billion initial public offering in June 2026.
The Starship megarocket achieved its first orbital flight in September 2026, advancing Mars plans.
SpaceX will disclose Q3 2026 results on an earnings call scheduled for October 20.
An August SEC filing shows Elon Musk holds about 4.77 billion SpaceX shares, a 48.4 % stake.
Musk thanked Brad Gerstner, co-creator of Trump Accounts, for helping enable the child-share program.

1 of 2

Elon Musk Shares Giveaway

Elon Musk pledged to give one SpaceX share to every U.S. child next year.
He announced the plan in an early-morning X post, calling it “the first of many.”
With roughly 72 million children, the giveaway values about $10.5 billion at the $146.03 share price.
Musk’s gift represents about 1 % of his fortune, after criticizing Anthropic’s 5 % public-benefit share plan.

1 / 2