SpaceX boss Elon Musk said Monday that he'll give one of his shares in the company to every child in the U.S. next year.
Elon Musk's plan to gift SpaceX shares to U.S. children in 2027 would be worth equivalent to roughly $10.5 billion at current market prices.
Billionaire Elon Musk on Monday pledged to give one share of his company SpaceX to “every kid in America” next year
Elon Musk Elon Musk announced on X early Monday that he plans to give one of his personal SpaceX shares to every kid in America next year, calling it "the first of many." Next year, I will give...
Tesla and SpaceX CEO Elon Musk plans to hand one SpaceX share to each American child in 2027. Based on Friday's closing price, the giveaway would cost nearly $10.7 billion.
Is Elon Musk aiming to share a piece of his staggering wealth — or is he trying to build a new generation of investors in his SpaceX? Early Monday, the tech mega-billionaire posted on X, "Next...
That's more than $10 billion in shares, or around 1% of Musk's current net worth.
Tesla flying Roadster: Elon Musk confirms SpaceX share giveaway for American children starting next year. Pre-bookings open in India for the new vehicle with production slated for 2028 after viral...
Elon Musk pledged to give a share of his SpaceX stock to "every kid in America." SpaceX stock is up about 1% on Monday.
Elon Musk has said he plans to give one SpaceX share to every child in the US next year, potentially reaching 73 million children. Details of the proposed giveaway remain unclear.
Quick Highlights The pledge: Elon Musk says he will give one SpaceX share to every child in America in 2027. 72 million children: Roughly 72 million Americans under 18 could qualify for the...
Elon Musk has promised to distribute his SpaceX share to every child in the United States from 2027, without detailing how the plan would work. The announcement comes as the billionaire holds a...
Musk explained the plan on his X platform. He didn't elaborate, so we don't know details such as what ages will qualify for a free share, how he intends to distribute them, and exactly when the...
SpaceX completed one of the largest initial public offerings (IPOs) in stock market history earlier this year
The potential scale of the initiative is substantial. The United States has approximately 72 million to 73 million children under the age of 18. If the programme covers every child in that age...
Musk's new plan comes after Anthropic promised to commit 5% of its shares to a scheme it calls the Public Benefit Fund.
Elon Musk’s pledge covers shares from his own stake, and he says it is only the first giveaway. He posted the pledge on X early on Monday, hours after Anthropic set out its own share plan."Next...
Anthropic, an A.I. rival to SpaceX, earlier said it would form a "public benefit fund" and other tech moguls have contributed to savings accounts for children.
Some of the stock and money will be given away to the public
Elon Musk and officials at AI giant Anthropic are pledging to give coveted shares in their companies to the general public as concerns about AI’s economic and societal impact continue to pile up.
Musk's announcement comes after Anthropic pledged to create a public benefit fund ahead of its blockbuster stock market listing.
Tech mogul Elon Musk said Monday he will give one of his SpaceX shares to every child in the U.S. next year. "This will be the first of many," Musk wrote in a post on the social platform X, which...
Elon Musk has pledged to give every American child one of his SpaceX shares next year, shortly after rival AI company Anthropic said it would set aside a 5% stake for public benefit.
Elon Musk pledged to distribute a share of SpaceX to each American child, posting the move just hours after artificial intelligence competitor Anthropic PBC said it would set aside a portion of...
The world’s richest person made the announcement following similar pledges by Anthropic and other high-profile billionaires.
SpaceX (NASDAQ: SPCX) founder and CEO, Elon Musk announced early Monday that every child in the United States will receive one unit each of his shares in the Starship maker next year. Musk...
First reported:
First saved on ClustZ:
Coverage updated:
We use cookies to improve your experience and analyze site traffic. By clicking "Accept", you agree to our use of cookies. See our Privacy Policy.