On October 19, 2026, Elon Musk, the world’s richest person, announced a plan to give one share of SpaceX to every child in the United States. He said, "Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many." The statement was also rendered in French as "L’année prochain, je donnerai une de mes actions SpaceX à chaque enfant en Amérique," which carries the same meaning. Musk framed the move as a direct gift to the public, contrasting it with a recent proposal from Anthropic to pledge five percent of its shares to a public benefit fund, a move he reportedly did not favor.
The United States has about seventy-three million children and teenagers under the age of eighteen. Musk’s proposal calls for one SpaceX share per child, which translates to roughly seventy-two million shares to be transferred. Based on the company’s closing stock price of $146.03, the total market value of those shares is estimated at over ten point five billion dollars.
Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many.
Musk currently holds a substantial stake in SpaceX. He owns about four point eight billion shares directly, and his total beneficial stake is estimated at six point four billion shares. This represents roughly a ten point five percent ownership of the company, as noted by financial data firm FactSet. By allocating seventy-two million shares, he would be giving away a portion of his holdings while still maintaining a significant stake in the company.
The initiative could be funded by the sale of fifty-five point five six million SpaceX shares on the Nasdaq, with an expected share price of $146.
The initiative could be funded by the sale of fifty-five point five six million SpaceX shares on the Nasdaq, with an expected share price of $146.03 at the time of sale. The proceeds would support various SpaceX projects, including reusable rockets, Starlink internet, and spacecraft development. The plan is thus tied to both a philanthropic gesture and support for the company’s ongoing projects.
BREAKING: Elon Musk says he will donate one share of SpaceX stock, $SPCX, to every American child in 2027. There are currently ~73 million children in the US and SpaceX is trading at $146/share. This makes Elon Musk’s donation worth $10.7 billion based on current share price.
The announcement came shortly after Musk reacted to Anthropic’s plan to pledge five percent of its shares to a public benefit fund. He reportedly disliked that approach and recommended giving shares directly to the public instead. Observers noted the similarity to election-year promises made by former President Donald Trump, though Musk’s proposal is rooted in his personal wealth and corporate holdings rather than a campaign pledge.
Musk has said the distribution will begin next year, which, given the announcement date of October 19, 2026, points to 2027 as the start of the rollout. For now, the pledge stands as a bold statement of intent from one of the world’s most influential entrepreneurs, linking his vast SpaceX stake directly to the nation’s youth.
Elon Musk has a gift for every kid in America next year: one of his SpaceX shares. https://t.co/Q8T4C3Q2oo