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Musk's pledge to give every US child one SpaceX share in 2027

Watch · 2 updates · since · updated AI Space spacex Elon Musk

Where it stands: Elon Musk pledged on October 19 to give one of his SpaceX shares to every child in America next year, calling it the first of many and saying shares given directly to people are stakes in the future economy. The pledge has been put at roughly $10.5 billion at current valuations, reaching up to about 73 million children, with 2027 targeted; SpaceX is privately held. Age eligibility, valuation basis and the transfer mechanism remain unspecified, so watch for official mechanics and any legal or transfer structure.

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