Elon Musk pledges SpaceX shares to every American child

Elon Musk SpaceX stock giveaway American children Trump Accounts

Elon Musk has announced a plan to gift one share of SpaceX to every child in the United States, starting in 2027. The announcement, made via his social media platform X, follows a similar move by the AI company Anthropic, which pledged to allocate 5% of its shares to a public benefit fund. Musk suggested that shares should be distributed directly to the public rather than through a fund.

Based on recent closing prices of approximately $146.03 per share and an estimated population of 72 to 73 million children under the age of 18 in the U.S., the total value of the proposed giveaway is estimated to be between $10 billion and $10.7 billion.

Specific details regarding eligibility, the distribution mechanism, and how the shares will be held for minors remain unconfirmed. Some analysts suggest the shares could potentially be distributed through 'Trump Accounts,' a federal savings and investment program for children. This initiative follows a previous pledge by SpaceX President Gwynne Shotwell and her husband to donate shares to over 2 million children via similar accounts.

Entities

Anthropic · Donald Trump · Elon Musk · Gwynne Shotwell · SpaceX · Tesla · United States

Claims

What the coverage asserts, and how many sources carry each claim.

[● 4 SOURCES] Anthropic is planning an initial public offering as early as November.
[● 17 SOURCES] Anthropic announced it will commit 5% of its shares to a new Anthropic Public Benefit Fund. fjala.al · lider.mk · opserver.mk · petroleoenergia.com · www.diebewertung.de · +8 more
[● 14 SOURCES] SpaceX shares closed at $146.03 on the preceding Friday. petroleoenergia.com · pulptastic.com · forexclub.pl · fjala.al · zap.aeiou.pt · +5 more
[● 5 SOURCES] Elon Musk became the world's first trillionaire following SpaceX's Wall Street debut in June. petroleoenergia.com
[● 4 SOURCES] Elon Musk pledged to give one share of SpaceX to every child in America.
[● 29 SOURCES] There are approximately 72 to 73 million children under the age of 18 in the United States. www.allgaeuer-zeitung.de · denar.mk · fimotro.gr · pulptastic.com · forexclub.pl · +22 more
[● 18 SOURCES] The total value of the proposed SpaceX share giveaway is estimated to be between $10 billion and $10.7 billion. 1390granitecitysports.com · www.allgaeuer-zeitung.de · pulptastic.com · forexclub.pl · thecurrent.pk · +13 more
[● 10 SOURCES] SpaceX completed an initial public offering (IPO) in June, raising $85.7 billion. denar.mk · fimotro.gr · lider.mk · www.cnnbrasil.com.br · www.tag24.com · +5 more
[DISPUTED] Elon Musk plans to give one SpaceX share to every child in the United States in 2027. 1390granitecitysports.com · www.allgaeuer-zeitung.de · denar.mk · fimotro.gr · lider.mk · +16 more
[● 15 SOURCES] Musk suggested that shares should be distributed directly to the public rather than through a fund. www.allgaeuer-zeitung.de · denar.mk · lider.mk · pulptastic.com · novini247.com · +9 more
[● 3 SOURCES] Musk recommended that shares be distributed directly to the public rather than through a fund. fjala.al · lider.mk · opserver.mk
[● 18 SOURCES] The total value of the proposed SpaceX share giveaway is estimated to be between $10 billion and $10.7 billion based on recent closing prices. fjala.al · petroleoenergia.com · zap.aeiou.pt · www.allgaeuer-zeitung.de · denar.mk · +12 more