SpaceX chief executive Elon Musk has said he plans to give every child in the United States one share in the aerospace company next year, although he has yet to disclose how the proposed distribution would work.
Musk made the announcement in a post on X, the social media platform he owns, indicating that the planned giveaway could be the first of several similar initiatives. He did not provide details on eligibility criteria, distribution arrangements or how the shares would be transferred to recipients.
According to the US Census Bureau, the country had approximately 72.02 million residents under the age of 18 as of July 1, 2025.
Based on that population estimate and SpaceX’s closing share price of $146.03 on Friday, distributing one share to every child would represent a total market value of approximately $10.52 billion. The stock closed the session down 1.74 per cent.
However, the eventual cost or market value of the proposed initiative would depend on the number of eligible recipients and the share price at the time of distribution.
An August 13 filing with the US Securities and Exchange Commission showed that Musk held approximately 4.77 billion SpaceX shares through trusts, comprising about 849.5 million Class A shares and 3.92 billion Class B shares.
The filing also put his beneficial ownership at approximately 6.42 billion shares, representing a 48.4 per cent stake in the company.
Musk has not yet provided further details about the proposed giveaway, including whether the shares would come directly from his holdings or through another arrangement.
