Elon Musk says he'll give a SpaceX share to every child in America next year
Quick Look
SpaceX CEO Elon Musk announced he will give every child in the U.S. one share in the company next year, amounting to about $10.5 billion worth of shares.
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Why It Matters
Elon Musk currently owns a significant beneficial stake in SpaceX.
SpaceX boss Elon Musk said Monday that he'll give every child in the U.S. one of his shares in the company next year.
Musk currently owns about 4.8 billion SpaceX shares, according to an August SEC filing. That figure rises to 6.4 billion when taking into account unvested awards and stock options, representing a 48.4% beneficial stake in the company.
There were 72 million children under 18 in the U.S. as of July 1, 2025, according to official census data.
That would amount to the CEO giving away about $10.5 billion worth of shares, taking into account SpaceX's closing stock price of $146.03 as of Friday.
CNBC has reached out to SpaceX for further comment.
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Elon Musk will give every child in the U.S. one share next year
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Open Questions
- How will the shares be distributed to minors?
- Will SpaceX comment further on the plan?
