Musk to give every U.S. child one SpaceX share

Elon Musk said on X that next year he will give one SpaceX share to every child in the United States, adding that it will be “the first of many.” Musk did not detail how the shares will be distributed. Some investors have suggested sending them through Trump Accounts, the new government-backed investment accounts for children. With roughly 72 million U.S. children under 18 and a share price of about $147, the gift is worth roughly $10.6 billion, just over 1% of Musk’s roughly 6.4 billion SpaceX shares, including unvested awards and options.…

• One share per child, about 72 million minors: roughly $10.6 billion.
• Musk has not detailed the distribution method; Trump Accounts are an investor idea.
• SpaceX reports Q3 results today after close; $13 billion in revenue expected.

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