Story perspectives

Musk to Give Every U.S. Child 1 SpaceX Share

By Drooid · Oct 19, 2026, 2:12 PM UTC · How we work

Summary

Story summary

Elon Musk announced he will give one SpaceX share to every child in the United States next year.
The giveaway would total roughly $10.5 billion based on SpaceX’s $146.03 closing price.
Musk’s estimate uses about 72-73 million U.S. minors under age 18.
He holds 4.8 billion SpaceX shares, rising to 6.4 billion unvested, a 48.4% stake.
Musk gave no details on eligibility, timing, or transfer method.

History

Historical Context

June 2006 Warren Buffett announced he would donate about 85% of his Berkshire Hathaway stock—roughly 10 million Class B shares worth $30 billion—to charitable foundations, a pledge later cemented in the 2010 Giving Pledge with Bill Gates. Elon Musk’s 2024 proposal to give SpaceX shares valued at $10.5 billion to 72 million U.S. minors mirrors that mass-scale equity philanthropy.

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Story summary

Elon Musk announced he will give one SpaceX share to every child in the United States next year.
The giveaway would total roughly $10.5 billion based on SpaceX’s $146.03 closing price.
Musk’s estimate uses about 72-73 million U.S. minors under age 18.
He holds 4.8 billion SpaceX shares, rising to 6.4 billion unvested, a 48.4% stake.
Musk gave no details on eligibility, timing, or transfer method.

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