· · 5 sources ·Updated

Elon Musk pledges SpaceX shares to every US child next year

Tech billionaire Elon Musk announced on Monday that he intends to give a SpaceX share to every child in the United States starting next year.

Elon Musk says he will give SpaceX share to ‘every kid in America’
File photo Elon Musk says he will give SpaceX share to ‘every kid in America’ Photo: South China Morning Post

Scope of the pledge

Musk stated this distribution will be the first of many such initiatives. The US Census Bureau estimates there are approximately 73 million children under 18 in the country based on 2024 data.

Lack of operational details

The billionaire did not explain how the scheme would function or who qualifies as a recipient. He posted the announcement on his social media platform X without providing further specifics on the method of transfer.

Recent company milestones

SpaceX completed its largest initial public offering in June by raising $85.7 billion. The company's Starship rocket reached orbit for the first time in September.

All 5 outlets report consistently

No differences in figures, names or dates across these reports.

  • South China Morning Post
  • Dawn
  • Business Recorder
  • Variety
  • The Verge

Reported by

5 independent outlets. Headlines as published. Links open the original report.