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Musk gives $10.5 billion SpaceX shares to American children, report says

Summary of reporting by Business Insider Africa·

Key points

  • Business Insider Africa says Elon Musk gave $10.5 billion in SpaceX shares to American children.
  • The outlet says the move follows a playbook linked to Africa’s richest man.

According to Business Insider Africa, Elon Musk has given $10.5 billion in SpaceX shares to American children. The outlet describes the transfer as following a playbook associated with Africa’s richest man. No further details were provided in the source text.

Original reporting

This page summarizes reporting by Business Insider Africa, originally published October 20, 2026 at 10:54 AM under the headline "Elon Musk follows Africa’s richest man’s playbook with $10.5 billion SpaceX share giveaway to American children". All rights to the original article belong to Business Insider Africa.

Continue reading the full story at Business Insider Africa

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