Elon Musk says he will give one of his own $SpaceX(SPCX.US) shares to every kid in America next year

"Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many," Musk posted early Monday

There were about 72 million US children under 18 as of July 2025 per Census data. At Friday's $SpaceX(SPCX.US) close of $146.03, that works out to roughly $10.5B in stock, per CNBC

It is still a sliver of his stake. Musk owns about 4.8 billion SpaceX shares per an August SEC filing, so the giveaway would be roughly 1.5% of them. Counting unvested awards and options, he has 6.4 billion shares and a 48.4% beneficial stake

The pledge came right after Anthropic said it will commit 5% of its shares to a new Public Benefit Fund, with the board able to add 2% more for every 50% rise in its value above a set baseline. Musk replied that he recommends "giving the shares directly to the public" and that this is what he will be doing

There are no details yet on timing, eligibility or how the shares would actually be delivered. His post has already pulled more than 180K likes and 6.5M views in a few hours

One share each would turn a whole generation into $SpaceX(SPCX.US) shareholders overnight and make it one of the most widely held stocks in the country, all for about 1.5% of Musk's stake. With AI companies under growing pressure over what the technology does to jobs, sharing the upside with the public just became a competition between the biggest players. The real test is whether this comes with an actual mechanism or stays a post

Source: StockMarket.News