Elon Musk says he’ll give every kid in America a SpaceX share in 2027
Elon Musk claims he will donate one of his SpaceX shares to every child in the U.S. in 2027.
Elon Musk announced on X that he intends to give a SpaceX share to every child in the United States in 2027. This pledge, made in a post early Monday morning, is Musk's first of many. The plan appears to be a response to Anthropic, an AI company that recently announced plans to allocate a portion of its shares to a new entity called the Anthropic Public Benefit Fund.
Musk also suggested distributing the shares through President Donald Trump's Invest America accounts, which provide a $1,000 one-time payment to children born during Trump's second term. With 72 million children under 18 in the U.S., and SpaceX stock trading at around $150 per share, Musk's promise could amount to a donation of $10.8 billion, the largest in history.
However, Musk has not always followed through on his promises in the past, including unfulfilled donations for world hunger and water contamination in Flint, Michigan.
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Also reported by 2 other outlets
- Musk pledges SpaceX shares worth more than $10bn to US children euronews.com
- Elon Musk Vows To Give a SpaceX Share To 'Every Kid In America' news.slashdot.org