Elon Musk offers a SpaceX share to every American child: the American dream at 140 satoshis

The American dream, shareholder version. Historian James Truslow Adams described it in 1931 as the promise of a “better, richer, fuller life for everyone.” Elon Musk found a price of $146 for it, the price of a SpaceX share. The boss of the space company promises to offer one to every child in the United States in 2027. SpaceX still declared 18,712 bitcoins at the end of June and each kid will therefore receive a pinch of BTC along the way.

The bill exceeds $10.5 billion for just over 72 million minors. The instructions for use do not yet exist.

Key Points

Musk commits to X to distribute one SpaceX title per American child next year

Estimated amount around $10.5 billion during Friday

Each share carries a crumb of the company’s BTC treasure, around 140 sats

Eligibility, timeline and support of detention remain unclear

One SpaceX share per child promised on X before dawn

Monday, October 19, a little before 4 a.m. in New York, Elon Musk posted on X: “Next year, I will give one of my SpaceX shares to every child in America. This will be the first of a long series. » The message was in response to Anthropic. The day before, the AI ​​company had announced a public interest fund with 5% of its capital. Musk responded by advising to “give the shares directly to the public”, before adding that this was what he intended to do.

The calculation quickly turned around. The Kobeissi Letter also attracts 73 million children and a price of 146 dollars, or 10.7 billion. With the Census Bureau data and Friday's close at $146.03, Axios is looking at $10.5 billion. This is more than one and a half times Michael Dell's record donation to the Trump Accounts, these investment accounts opened on behalf of American children: $6.25 billion promised in December 2025.

For Musk, the expense remains painless. He held around 42% of the capital after the June IPO, or more than 5 billion shares. The gift represents about 1.3%.

How many bitcoins in a SpaceX share

In its IPO prospectus filed in May, SpaceX declared 18,712 BTC purchased at around $35,320 each. As of June 30, its quarterly report showed $1.098 billion in digital assets, which is still in line with this stock. At the current price of bitcoin, near $82,500, this treasure is worth around $1.5 billion.

Compare it to the approximately 13.6 billion shares of capital. Each security contains approximately 1.4 millionths of a bitcoin, or approximately 140 satoshis. The satoshi is the smallest unit on the network, one hundred-millionth of a BTC. Over the course of the day, the bitcoin portion of the gift is worth a dozen cents.

A child who dreams of an entire bitcoin would have to collect more than 720,000 SpaceX shares, or gifts from as many classmates. BTC weighs less than 0.1% of a capitalization close to $2,000 billion.

Elon Musk's gift awaits instructions

Musk gave no details. Axios notes that it did not specify whether “kid” refers to everyone under 18, nor responded to Internet users who asked whether non-citizen children would be affected. A minor cannot open a securities account alone in the United States: a custody account opened by a parent, or a dedicated vehicle, is required.

The Trump Accounts are one. Gwynne Shotwell, SpaceX's director of operations, chose them in July to offer one share to each of the 2 million accounts already opened, around $300 million at the time. The boss is aiming for 36 times more beneficiaries.