World

Musk pledges 1 SpaceX share for every child in America

Elon Musk said Monday he'd give one of his shares in SpaceX to every "kid" in America next year. Why it matters: It'd be a roughly $11 billion giveaway at current stock prices, nearly double Michael Dell's record-breaking Trump accounts gift. What they're saying: " Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many," Musk said in a post to X just before 4 a.m. ET Monday. He did not specify if "kid" meant all minors under 18 or some other status