Musk says he will give one SpaceX share to each U.S. child in 2027

Musk’s pledge

According to International Business Times, Elon Musk said on X that he will give one SpaceX share to every child in the United States beginning in 2027. In the post dated Monday, Oct. 19, Musk wrote, “Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many,” the outlet reported.

Estimated size and value

The article says the plan could reach about 73 million people under 18 and would be worth about $10.66 billion using SpaceX’s closing share price of $146.03 on Friday, Oct. 16. International Business Times notes that the final value would depend on the share price at the time of transfer and on how many people are ultimately included.

Unanswered questions

The report says Musk did not explain whether the shares would go directly to minors, be placed in investment accounts, or be handled through another arrangement until adulthood. He also did not provide a distribution schedule. The outlet says eligibility requirements have not been defined publicly.

Context and related programs

International Business Times says the announcement followed Anthropic’s decision to create a public-benefit fund that will receive 5% of its shares, subject to corporate conditions. Musk responded that he preferred giving stakes directly to people and then announced his own SpaceX plan.

Other child-focused asset programs

The article says the proposal comes alongside other efforts to build financial assets for children in the United States. It cites the Trump administration’s Trump Accounts, which are tax-advantaged investment accounts with a $1,000 federal deposit for eligible children born between 2025 and 2028. It also notes that Michael and Susan Dell pledged $6.25 billion for $250 deposits into accounts for 25 million children, and that Gwynne Shotwell and her husband separately pledged SpaceX shares to benefit more than two million minors.

SpaceX and the proposal’s status

The outlet says SpaceX went public in June 2026 and includes space-launch work, vehicle development such as Starship, and satellite connectivity through Starlink. Because the company is publicly listed, the donation’s value can be estimated from the market price, though that value can change with trading. International Business Times says Musk described the idea as the first of several similar efforts, but the custody of the shares, transfer process and implementation details remain undefined.