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

Musk’s announcement

Profit by Pakistan Today reports that Elon Musk said on X on Monday that he will give one of his SpaceX shares to every child in the United States next year. He said the plan would be the first in a series of similar steps.

Link to AI and economic prosperity

The article says Musk tied the proposal to his broader view that artificial intelligence could produce widespread economic gains. According to the report, he has repeatedly predicted that AI could lead to what he calls “universal high income,” meaning people could share in the financial benefits of greater automation and productivity.

Musk’s view of public support

Profit by Pakistan Today says Musk has previously questioned whether traditional philanthropy works well at scale. The report says he has instead argued for using the wealth created by AI to support broader public prosperity, including through government payments that would let individuals benefit from new technologies.

Details that remain unclear

The report says the proposed shares would come from SpaceX, which it describes as going public earlier this year and as including Musk’s AI, satellite internet and social media businesses. It adds that SpaceX shares were trading at about $150 on Monday. Musk did not say how many shares would be distributed or what the overall value of the program would be.

Open questions and related timing

Profit by Pakistan Today says the proposal appears to involve investment accounts introduced earlier this year by President Donald Trump’s administration. However, the report says key details are still unknown, including who would qualify, how the shares would be transferred, whether recipients could sell them, how the plan would be financed, and whether new regulatory steps would be needed. The article also notes that Anthropic announced a separate share-allocation plan a day earlier.