Semafor says Musk plans to gift SpaceX shares to American children
Key points
- Semafor says Elon Musk plans to give SpaceX shares to American children.
- The outlet says the gift could be worth about $10.8 billion.
- Semafor says the amount would be about 1% of Musk's current SpaceX holdings.
According to Semafor, Elon Musk plans to gift SpaceX shares to American children. The outlet says the proposed gift could be worth roughly $10.8 billion and would amount to about 1% of Musk’s current SpaceX holdings. Semafor did not provide additional details in the preview text.
Original reporting
This page summarizes reporting by Semafor, originally published October 19, 2026 at 11:36 PM under the headline "Musk to gift SpaceX shares to American children". All rights to the original article belong to Semafor.
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More coverage of this story
- 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
- MacDailyNews · Oct 19, 2026Elon Musk pledges to give one SpaceX share to every American child next year — a gift worth roughly $10.5 billion
- Yahoo Finance · 19h agoElon Musk Would Still Be 2.4X Richer Than Jeff Bezos After Gifting SpaceX Stock to American Kids
- FOX News on MSN · 19h 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
- 24/7 Wall St. · Oct 22, 2026Elon Musk Wants to Give Every Kid in America a SpaceX Share. The Tax Rules Behind the Gift Are More Complicated Than It Sounds