Musk says he plans SpaceX shares for U.S. children through Trump Accounts

Musk’s announced plan

Trak.in reports that Elon Musk said on October 19, 2026, that he plans to give one SpaceX share to every child in the United States next year. The article says he presented the idea as the first in a broader series of similar efforts, but it also says several major parts of the proposal are still unresolved.

Estimated scale and value

According to the article, the plan could cover about 72 million children under 18 in the United States. Based on a reported SpaceX share price of roughly $146, Trak.in says the total value could reach about $10.5 billion if one share goes to each child. The outlet notes that the final total would depend on SpaceX’s share price at the time of distribution and on how many children are actually included.

Unclear eligibility and delivery

Trak.in says Musk did not explain whether the offer would apply to every child living in the U.S. or only to a narrower eligible group. The article adds that the method for transferring private-company shares, the timing of the distribution, and the full set of eligibility rules have not yet been described.

Trump Accounts as the possible channel

The report says the giveaway is expected to use Trump Accounts, a U.S. government-backed investment account program meant to help children build long-term savings. Musk indicated that his plan would work through those accounts. Trak.in says the accounts may make it possible to transfer shares to many young recipients, but the article also says the process has not been fully explained.

Limits on access and related context

The article says rules tied to these accounts can restrict the sale of donated shares for a set period, which could affect when children and families can use the value of the gift. Trak.in also reports that Musk’s announcement followed Anthropic’s decision to commit an initial 5% of its equity to a public-benefit fund, with possible additional contributions later. The article says Musk argued that shares should go directly to the public rather than only through traditional charities. It also notes that Michael and Susan Dell announced a $6.25 billion contribution in support of the children’s investment account program.