Musk to Give SpaceX Shares to Every U.S. Child Next Year
Elon Musk announced a plan to distribute one SpaceX share per child, valuing the giveaway at about $10.5 billion.
Key facts
- Elon Musk said he will give every child in the U.S. one SpaceX share next year, according to CNBC.
- Musk owns about 4.8 billion SpaceX shares, rising to 6.4 billion when including unvested awards, per an August SEC filing.
- There were 72 million children under 18 in the U.S. as of July 1 2025, according to official census data.
- The giveaway would be worth roughly $10.5 billion, based on SpaceX’s closing price of $146.03 on the most recent Friday.
- Musk stated the plan on X without detailing distribution logistics, per CNBC.
Elon Musk announced on X that he will give every child in the United States one share of SpaceX next year, according to CNBC.
Musk currently owns about 4.8 billion SpaceX shares, a figure that rises to 6.4 billion when unvested awards and stock options are included, according to an August SEC filing cited by CNBC.
There were 72 million children under 18 in the U.S. as of July 1 2025, according to official census data, which CNBC used to estimate the size of the giveaway.
Based on SpaceX’s closing price of $146.03 on the most recent Friday, the total value of the shares to be distributed would be about $10.5 billion, CNBC reported.
Musk said the giveaway would be the first of many, but did not explain how the shares would be distributed, according to CNBC.
A Verge article noted that Musk thanked Brad Gerstner for helping enable the plan.
Context
The announcement follows Musk’s recent political donations and philanthropic statements, including a pledge to donate $6 billion to the United Nations World Food Program that was not fulfilled. The move is framed by Musk as a public benefit initiative, similar to Anthropic’s plan to commit shares to a public benefit fund.
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