Elon Musk promises to give one SpaceX share to every child in the US

October 19, 2026 Emma Roth

Elon Musk with big green arrow pointing up and money falling from the sky.

Elon Musk says he plans to give one of his SpaceX shares to every child in the US starting next year. With around 72 million children in the US as of July 2025, Musk would be giving away about $10.5 billion worth of shares, according to a report from CNBC.

Musk, who runs SpaceX and Tesla, writes on X that this giveaway "will be the first of many." It comes just months after SpaceX president Gwynne Shotwell announced that she'd be giving shares of her SpaceX stock to 2 million Trump Accounts, the tax-advantaged investment accounts given to American children. Dell's founder similarly poured $6.25 billion into Trump Accounts, while Micron also …

Read the full story at The Verge.

Previous Article
Major European mobile carriers are teaming up for a ‘direct’ satellite program without Starlink
Major European mobile carriers are teaming up for a ‘direct’ satellite program without Starlink

Deutsche Telekom, Orange, Telefónica, and Vodafone signed a letter of intent saying they're considering a j...

Next Article
It’s hard to imagine wireless headphones ever getting lighter than these
It’s hard to imagine wireless headphones ever getting lighter than these

If you're on the hunt for lightweight wireless headphones but wearing earbuds or clip-ons never feels comfo...