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2026-10-19T13:38:00.000Z

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SpaceX 'Eidi' 2027 Musk grants share to children

SpaceX 'Eidi' 2027 Musk grants share to children

Elon Musk, CEO of SpaceX, announced that he will give a share of the company's stock to each child in the United States by 2027, valued at approximately $10.5 billion. This estimate is based on the number of children in the country, which is 72 million, and the current stock price of $146.03. There are no details at the moment about how the stock distribution will be carried out, but Musk indicated that this step marks the beginning of a series of future actions. Currently, Musk owns about 48.4% of SpaceX's shares, highlighting the significance of this decision within a long-term plan to support children and technology companies.

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