Musk says he will give SpaceX shares to U.S. children in 2027

Musk’s post and the proposed giveaway

Nairametrics reports that Elon Musk, the billionaire founder of SpaceX, said on his social media platform X that he intends to give one share of the aerospace company to every child in the United States. In the post, Musk wrote: "This will be the first of many." The article says the plan was presented as starting next year and could be the first of several distributions, but Musk did not say whether later giveaways would also involve SpaceX shares or other investments.

Estimated value and possible scope

The report says the proposal would affect about 72.02 million American children, using US Census Bureau 2025 population estimates. Based on a SpaceX share price of $146.03 as of October 16, 2026, Nairametrics calculates that each child would receive stock worth about $146, and the total value would be about $10.52 billion. The article says this estimate assumes that every child under 18 in the United States qualifies and that the share price does not change. It also notes that the transfer would be in SpaceX shares rather than cash, so the value could rise or fall with the company’s stock.

Musk’s holdings and possible impact on his wealth

According to an August 2026 filing with the US Securities and Exchange Commission, Musk beneficially owned about 6.42 billion SpaceX shares as of June 30, equal to 48.4% of the company. Nairametrics says those holdings include shares held through trusts, restricted stock and options, so not all of them may be available for immediate transfer. The article estimates that giving away about 72 million shares would equal 1.12% of his reported holdings. On that basis, his beneficial ownership would fall to about 6.35 billion shares, or 47.86%, if the transfer came from his existing stake and the company’s share count stayed the same.

IPO context and earlier reports

Nairametrics says the announcement comes four months after SpaceX completed its IPO, which significantly increased Musk’s estimated wealth. The article recalls that in June 2026 it reported Musk became the world’s first trillionaire after SpaceX shares began trading on Nasdaq at $150, above the company’s $135 IPO price, with his fortune then estimated at $1.1 trillion. It also says SpaceX completed its IPO on June 15, raising about $85.7 billion through 638.9 million shares, including the underwriters’ additional allotment. The report adds that in July, Nairametrics said Musk lost $45.3 billion after SpaceX shares fell following a Starship launch setback, leaving his estimated fortune below $800 billion.