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Musk proposes giving away SpaceX shares in a $10.6 billion plan

Summary of reporting by The Times of India·

Key points

  • The Times of India reports that Elon Musk proposed a $10.6 billion giveaway involving SpaceX shares.
  • Musk said, "Next year, I will give one of my SpaceX shares to…"
  • The report says the proposal could reach $10.6 billion.

According to The Times of India, Elon Musk has proposed a giveaway involving SpaceX shares that could be worth $10.6 billion. The report says Musk referred to the plan by saying, "Next year, I will give one of my SpaceX shares to…" The outlet did not provide the full details of who would receive the share or explain the proposal further in the available text.

Parent's guideTrump Accounts explained: eligibility, the $1,000 deposit and how SpaceX shares would fit in

Original reporting

This page summarizes reporting by The Times of India, originally published October 26, 2026 at 5:00 AM under the headline "“Next year, I will give one of my SpaceX shares to…”: Elon Musk’s proposed $10.6 billion giveaway could r". All rights to the original article belong to The Times of India.

Continue reading the full story at The Times of India

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