Musk plans to give one SpaceX share to every U.S. child next year

Elon Musk announced on X that next year he will give one SpaceX share to every child in the United States, a giveaway potentially worth up to US$10.5 billion. In his post he wrote: 'This will be the first of many.' According to the latest filings, Musk owns about 4.8 billion SpaceX shares, excluding unvested awards and options. With roughly 72 million children under 18 in the U.S., the giveaway would equal about 1.5% of those shares. Musk has not explained how the shares would be distributed or which children would qualify, and the announcement excludes Canadian children.…

• Musk announced one SpaceX share for every U.S. child next year.
• Potential value of up to US$10.5 billion, about 1.5% of his shares.

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