Musk pledges to give one SpaceX share to every child in America

Elon Musk announced he will give one of his SpaceX shares to every child in America in 2027, at an estimated cost of over $10 billion.

• Musk announced the pledge on X, calling it "the first of many" donations, and did not specify how the shares would be distributed.
• The gift would total approximately $10.7 billion, based on the $146 share price and 73 million American children under 18.
• Musk did not specify how the shares would be distributed or whether all children would be eligible.
• Musk's pledge followed Anthropic's announcement that it would commit 5% of its shares to a public benefit fund.