Business

Musk Pledges SpaceX Shares to American Children

Updated 2026-10-19 09:10 UTC 1 source Positive

Tech magnate Elon Musk announced a plan to give one share of his SpaceX company to every child in America next year. The gesture, valued at approximately $11 billion, aims to support young entrepreneurs and inspire future innovation.

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Musk pledges 1 SpaceX share for every child in America

Elon Musk said Monday he'd give one of his shares in SpaceX to every "kid" in America next year.Why it matters: It'd be a roughly $11 billion giveaway at current stock prices, nearly double Michael Dell

2026-10-19 08:57 UTC