Elon Musk Pledges a SpaceX Share to Every Kid in America in $10.5B Plan
Elon Musk wants to put a SpaceX share in every kid’s pocket. In an early-morning post on X on Monday, the SpaceX founder wrote: “Next year, I will give one of my SpaceX shares to every kid in America.” He added three words that have followed many of his announcements before: “This will be the first of many.” The math is staggering. SpaceX shares closed Friday at $146.03, and the U.S. Census Bureau counts roughly 73 million people under the age of 18. One share per kid works out to about $10.5 billion, which would make this one of the largest individual stock giveaways ever announced. ...