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Monday, October 19, 2026

Musk pledges to give SpaceX shares to 'every kid in America’

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President Trump Meets With AI Executives At White House

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Elon Musk said he plans to give every child in the U.S. one share of SpaceX next year, describing the proposed giveaway as the “first of many” in a post on X on Monday.

"Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many," Musk wrote.

SpaceX had ~8.1B shares outstanding, according to data compiled by Bloomberg.

Musk did not provide details on how the shares would be distributed or which children would qualify.

In July, SpaceX president Gwynne Shotwell and her husband pledged to donate SpaceX shares to Trump Accounts for more than two million children aged 11 to 17, particularly those from lower-income communities.

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