Elon Musk vows to give SpaceX shares to every child in America in 2027, teases more to come

By New York Post (U.S.) | Created at 2026-10-19 11:11:27 | Updated at 2026-10-19 12:15:03 1 hour ago

Elon Musk promised early Monday to give one of his SpaceX shares to every child in America next year – teasing that the unprecedented giveaway “will be the first of many.”

“Next year, I will give one of my SpaceX shares to every kid in America,” the Space X and Tesla tycoon wrote on X – a post that was seen nearly 6 million times in just hours.

“This will be the first of many,”

Elon Musk speaks during an event to mark the launch of the America.gov website on Tuesday, Sept. 29, 2026. AP Photo/Mark Schiefelbein
President Donald Trump presents the National Medal of Science to Elon Musk during the “Golden Age of American Innovation Summit.” AFP via Getty Images

Musk — the world’s first trillionaire — did not detail how he plans to allocate the shares.

There were 72 million children in the US under 18, according to census data from July, and this would equate to Musk giving away around $10.5 billion worth of shares.

SpaceX’s closing stock price stood at $146.03 when markets closed Friday.

A general view shows a SpaceX logo displayed on a smartphone in front of a stock ticker on a laptop. Christopher Sadowski for NY Post

Musk’s promise comes hot on the heels of him criticizing AI safety and research company Anthropic’s plan to set aside 5% of its shares to a new “public benefit” fund.

“I recommend giving the shares directly to the public,” Musk said Sunday, critiquing Anthropic’s plans. “This is what I will be doing.”

With Post wires

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