Elon Musk Pledges SpaceX Share to Every Child in America Next Year

SpaceX CEO Elon Musk announced on X that he will give one of his company shares to every child in America next year. The initiative was revealed following a similar announcement by Anthropic regarding public benefit share allocation.

Musk currently holds approximately 4.8 billion SpaceX shares, rising to 6.4 billion when including unvested options and grants, representing a 48.4% stake according to August filings with the US Securities and Exchange Commission.

Official US Census Bureau data recorded 72 million children under 18 as of July 1, 2025. Based on SpaceX's closing share price of $146.03 on Friday, the distribution will amount to roughly $10.5 billion.

Musk concluded his post by stating this would be the first of many initiatives, though he did not provide specific logistical details regarding how the share transfer will be executed.