Musk Pledges One Spacex Share To Every Us Child
Elon Musk says he plans to distribute a SpaceX share to every child in the US in 2027, though how he would do so remains unclear.
Elon Musk says he plans to give one of his SpaceX shares to every child in the United States in 2027. The pledge could involve more than 70 million shares worth over $10 billion, according to estimates cited by TechCrunch and The Verge. Neither report describes a confirmed distribution plan.
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The pledge and its estimated value
According to TechCrunch, Musk made the pledge in posts on X after saying he wanted to give shares “directly to the public.” The Verge reports that Musk called the proposed giveaway the “first of many.” Both outlets describe the announcement as a promise about next year, not a transfer that has already begun.
The reports use slightly different figures to estimate its scale. The Verge cites a July 2025 count of around 72 million US children and, citing CNBC, puts the shares’ value at about $10.5 billion. TechCrunch cites more than 70 million children under 18 and says the gift would be worth more than $10 billion at a share price of $146. Those figures are estimates; the number of eligible children and the value of the shares at distribution could differ.
How would children receive the shares?
TechCrunch says it is not clear how Musk intends to carry out the pledge and reports that he did not immediately respond to a request for comment. His stated preference for giving shares directly to the public does not specify how shares would be assigned to children or held on their behalf.
One potential channel mentioned in the reports is Trump Accounts, tax-advantaged investment accounts for American children that can accept stock donations from wealthy donors. Neither outlet says Musk has committed to using them. The Verge reports that SpaceX president Gwynne Shotwell previously announced plans to give some of her SpaceX stock to 2 million Trump Accounts. It also notes other contributions to the accounts, including $6.25 billion from Dell’s founder and a $250 million investment announced by Micron.
Another company’s public-benefit plan
TechCrunch reports that Musk’s posts followed an announcement by Anthropic that it would put 5% of its shares into a new public-benefit fund. Anthropic said it intended to use the fund for donations to nonprofits or direct distributions to specific populations after its upcoming IPO. Musk replied to Anthropic’s announcement by suggesting it give directly to the public, TechCrunch says, before posting that he would do so himself.
The proposals are distinct: Anthropic described a fund and possible uses for it, while Musk pledged one of his own SpaceX shares per US child. For now, the central unanswered question about Musk’s pledge is how that transfer would work.
Sources
This story was compiled by AI from the reports below. Read the originals for the full details.