Musk says he will give one SpaceX share to every U.S. child next year

  • Elon Musk said he will give every U.S. child one SpaceX share next year.
  • The proposed 72 million-share distribution was valued at $10.6 billion as of Tuesday.
  • President Donald Trump praised the pledge, but Musk did not specify Trump Accounts.

Elon Musk said he plans to give one SpaceX share to every child in the United States next year, a proposed distribution that would cover roughly 72 million children and was valued at $10.6 billion as of Tuesday. Musk did not provide a timetable or operational details, and he did not explicitly say the shares would be contributed through Trump Accounts, or 530A accounts, although President Donald Trump praised the pledge as consistent with the program. Musk is subject to a 366-day lockup on part of his holdings, which would make those shares ineligible for trading until June 2027. The commitment remains an informal pledge rather than an announced transaction. Musk owns about 48% of SpaceX shares and approximately 85% of its voting power; Bloomberg placed his net worth at $908.4 billion, meaning the proposed gift would equal about 1.2% of his wealth.

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