Musk says he plans to give a SpaceX share to each U.S. child
Key points
- According to CBS News, Elon Musk said on Monday that he plans to give one of his SpaceX shares to each child in the U.S.
- Musk wrote in a social media post that the gift “will be the first of many.”
CBS News reports that Elon Musk said in a social media post on Monday that he plans to give one of his SpaceX shares to each child in the U.S. In the post, Musk wrote that the gift “will be the first of many.” CBS News said the statement was made on Monday. The preview text does not provide further details about how or when the shares would be given.
Original reporting
This page summarizes reporting by CBS News, originally published October 19, 2026 at 11:51 AM under the headline "Elon Musk says he plans to gift a SpaceX share to every child in the U.S.". All rights to the original article belong to CBS News.
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More coverage of this story
- The Star · Oct 20, 2026Musk plans to gift SpaceX shares to US children
- Yahoo · Oct 20, 2026Musk says he plans to give children a stake in SpaceX next year
- Benzinga on MSN · Oct 20, 2026Trump thanks ‘legendary friend’ Elon Musk for SpaceX stock gift to American children, Scott Bessent says Trump accounts have already crossed $8 billion
- Demócrata · Oct 19, 2026Expansion | Elon Musk plans to gift a share of SpaceX to every child in the United States in 2027
- FOX News on MSN · 21h agoAmericans aren't sold on Musk's proposal to gift SpaceX shares to kids: 'Believe it when I see it'
- Yahoo Finance · Oct 22, 2026Elon Musk’s $10.5B SpaceX gift to kids has a catch: Families can’t say no — and may need to wait 5 years to cash out