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Elon Musk pledges to give a SpaceX share to every U.S. child

Elon Musk pledges to give a SpaceX share to every U.S. child

Also reported by Axios, Newsweek

Summary

Elon Musk announced plans to give one SpaceX share to every child in the United States. He did not explain how or when the shares would be given.

Key Facts

  • Elon Musk plans to gift one SpaceX share to each U.S. child.
  • There are approximately 73 million children in the U.S.
  • Musk is the largest SpaceX shareholder, owning about 10.5% of the company.
  • SpaceX recently went public, making Musk briefly the world's first trillionaire.
  • Musk currently has about 4.8 billion SpaceX shares.
  • His current wealth is around $904 billion, according to Bloomberg.
  • Musk did not provide details on how the share distribution will happen.
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