Musk says he will give a SpaceX share to each American child next year

Musk’s post and the missing details

FinanceFeeds reports that Elon Musk said on Monday morning that he would give one of his own SpaceX shares to every child in America next year. The post appeared on X just before 4 a.m. Eastern on Monday, and Musk said, “This will be the first of many.” The article says he did not explain how the shares would be delivered, who would qualify, or how any tax liability tied to such a gift would be handled. It also says he gave no date beyond “next year.”

Estimated value and the stock’s reaction

Based on SpaceX’s Friday closing price of $146.03, FinanceFeeds says the pledge would be worth roughly $10.5 billion if it applied to the full U.S. child population. The stock did not react as if the post were a major corporate event. The shares closed Friday down 1.74% at $146.03, then opened the premarket session at $146.25, up 0.15%, leaving SpaceX valued at $1.98 trillion.

Possible link to Trump Accounts

The article says the pledge appears to point to Trump Accounts, which it describes as tax-advantaged accounts for U.S. minors created under the budget law. FinanceFeeds says the Treasury Department automatically opened accounts for more than 60 million children, bringing the total close to 70 million, according to Benzinga. It also says the IRS says the separate $1,000 federal seed contribution applies only to citizens born between 1 January 2025 and 31 December 2028, which is much narrower than Musk’s wording.

Size of the gift and comparisons

FinanceFeeds says two population counts are circulating. Using the Census Bureau figure of just over 72 million people under 18, Axios estimated the gift at a little over $10.5 billion at Friday’s price. CNBC used a figure nearer 70 million children and reached about $10.2 billion. The article says either estimate would make the pledge the largest single gift of its kind on record. It also says Michael and Susan Dell pledged $6.25 billion for accounts for 25 million children under 10, according to Treasury Secretary Scott Bessent in January, and that SpaceX president Gwynne Shotwell and her husband separately committed one share each to more than two million children, worth about $325 million at the time.

Ownership, restrictions and open questions

FinanceFeeds says the shares would come from Musk’s personal holdings rather than new issuance, so existing holders would not face dilution from the pledge as described. The article then says Musk disclosed in an SEC filing covering 30 June that he held 849,494,440 Class A shares as trustee, 3,916,980,790 Class B shares, 1,302,072,285 restricted Class B shares and 350,000,000 Class B shares issuable on options, for a total of about 6.42 billion shares and a 48.4% stake. It says those shares are subject to the longest restriction in the offering. The founder holding carries a 366-day lock-up from pricing with no early-release provisions, keeping it untradeable until 12 or 13 June 2027, while the rest of the pre-IPO base unlocks on a tiered schedule through 8 December. FinanceFeeds says Musk has not said whether any gift transfer would be carved out of that restriction or wait for it to expire.

Stock performance, comparisons and remaining uncertainty

The article says SpaceX stock had its worst five-session stretch since the June listing last week, falling 11.68%. It says that decline came during a broader market slide and erased an early-October rally that had pushed the shares toward $176. Even so, FinanceFeeds says the stock is still 14.60% higher over three months, above the $135 IPO price from 12 June and above the August low that took it below $115. The article also notes that Musk’s pledge came in the same week Anthropic said it would reserve 5% of its shares for a fund supporting public-interest work. FinanceFeeds says Anthropic’s set-aside comes from company equity, while Musk’s would come from his personal holdings. It closes by saying neither SpaceX nor Musk has announced terms or a date, leaving the pledge as an unresolved statement on X with a price attached.