Technology · 6 views
Musk pledges to give ‘every kid in America’ one of his SpaceX shares
Elon Musk claims he will give one of his SpaceX shares to “every kid in America” in 2027, which would result in a gift worth more than $10 billion based on the current $146 share price of his combination spaceflight and AI company.
AI Summary
Elon Musk announced that in 2027 he will distribute one share of SpaceX to every child in the United States. Based on the current $146 share price, the giveaway would be valued at over $10 billion, representing roughly 1 % of Musk’s estimated $1 trillion net worth. The pledge ties together his spaceflight and AI ventures under the SpaceX brand. No further details about the distribution mechanism or timeline beyond the 2027 target were provided.
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